US STOCKS-Futures point to higher open, crude oil falls again

martes 2 de diciembre de 2014 09:55 GYT

* Weakness in crude oil could again pressure energy names

* Avanir Pharma higher in premarket, Otsuka to buy

* Cypress Semi to buy Spansion for about $4 bln

* Futures up: Dow 36 pts, S&P 3.25 pts, Nasdaq 8 pts (Updates prices)

By Ryan Vlastelica

NEW YORK, Dec 2 (Reuters) - U.S. stock index futures pointed to a higher open on Tuesday as a pair of big M&A deals boosted market optimism and pointed to a rebound from the broad decline in the previous session, which was the S&P 500's weakest day in a month.

Energy shares will be in focus as crude oil continued its recent volatility. U.S. crude futures fell 1.1 percent to $68.21 per barrel. While crude prices jumped on Monday, that followed a plummet of more than 10 percent last week that took it to multi-year lows.

Declines in energy shares have corresponded with the weakness in oil, which is down more than 30 percent from a recent high. The S&P 500 energy index is the weakest industry group by far this year, and the only one to be negative for 2014.

In the latest deal news, Cypress Semiconductor Corp agreed to buy Spansion Inc in an all-stock deal valued at about $4 billion.   Continuación...