US STOCKS-Wall St set to open higher as construction, factory data eyed

viernes 1 de mayo de 2015 09:02 GYT

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By Tanya Agrawal

May 1 (Reuters) - U.S. stocks were poised to open higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter.

Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have increased in April from March. Both numbers are expected at 10:00 a.m. EDT (1400 GMT)

Automakers are expected to report that sales moderated in April after rising the previous month. The data is due at 13:30 p.m. (1730 GMT)

The latest batch of numbers come a day after data showed that the number of Americans filing new claims for jobless benefits fell to a 15-year low last week and consumer spending rose in March.

U.S. stocks sold off on Thursday as Apple declined, and tech and biotech results disappointed. The S&P tech index was the day's worst-performing sector.   Continuación...