US STOCKS-Futures higher on signs of steadying slowdown in China
* Futures up: Dow 70 pts, S&P 8 pts, Nasdaq 18 pts
By Tanya Agrawal
Dec 1 (Reuters) - U.S. stock index futures were higher on Tuesday, tracking Asian gains on tentative signs that a slowdown in China was stabilizing.
* Private data showed Chinese factory activity contracted at a slower pace than in October, fuelling hopes the economy may have been bolstered by government support.
* A barrage of data is expected later in the day, including U.S. factory activity data for November at 10 am ET (1400 GMT), which is expected to tick up. The Department of Commerce is likely to report a slight dip in construction spending for October and automakers will report sales figures for November.
* Investors have been keeping an eye on data for clues regarding the health of the U.S. economy that might enable the U.S. Federal Reserve to raise interest rates for the first time in nearly a decade.
* The main data this week is the November employment report, that is expected to show that the economy added 200,000 jobs during the month. Analysts say a strong report virtually guarantees a rate rise this month.
* Chicago Fed President Charles Evans is scheduled to speak at an event at 12:45 p.m. ET. Evans is a voting member of this year's Federal Open Market Committee. Chair Yellen is scheduled to speak on Wednesday and Thursday.
* U.S. stocks slipped on Monday, led by declines in health and consumer shares, as investors braced for policy news from central banks. Continuación...