US STOCKS-Wall St set to open higher ahead of U.S. factory data
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* Futures up: Dow 54 pts, S&P 6 pts, Nasdaq 13.25 pts (Adds details, comment, updates prices)
By Tanya Agrawal
May 4 (Reuters) - Wall Street was poised to open higher on Monday ahead of data that is expected to show demand for U.S. factory orders rose in March, signaling that the manufacturing sector is strengthening despite a stronger dollar.
New orders for U.S.-made goods are expected to have risen 2 percent in March compared with a 0.2 percent increase in the prior month. The data is expected at 10:00 a.m. EDT (1400 GMT).
European shares rose, led by Germany after data showed the country's manufacturing sector continued to expand in April.
Factory activity in China in April recorded its biggest drop in a year, hardening the case for fresh stimulus from Beijing. Continuación...