US STOCKS-Futures higher ahead of Christmas; Brent dips to 11-yr low
* Futures up: Dow 132 pts, S&P 17.5 pts, Nasdaq 41.5 pts
By Abhiram Nandakumar
Dec 21 (Reuters) - U.S. stock index futures were sharply higher on Monday, ahead of a holiday-shortened week, while Brent crude hit an 11-year low.
* Trading volumes are expected to be relatively light this week, with U.S. stock markets operating a shortened session on Thursday and closing on Friday for Christmas.
* Crude oil prices have been sliding under continued pressure from global oversupply and tepid demand.
* China will keep its monetary and fiscal policies "accommodative" in 2016 to help support the slowing economy, according to a Reuters report, citing a source with direct knowledge of the annual Central Economic Work Conference.
* Global stocks rose, taking cues from a surge in Asian stocks as investors bought into Chinese blue-chips.
* U.S. stocks closed lower on Friday, on worries ranging from lower crude prices to the global response to the Federal Reserve's interest hike.
* With two weeks left in 2015, the Nasdaq Composite is the only one of the three major indexes in the black, having risen 3.9 percent so far this year. The S&P is down 2.6 percent, while the Dow Jones industrial average is down 3.9 percent. Continuación...