U.S. stock index futures rose on Monday after a selloff in the previous session as investors looked ahead to a busy week of economic data, while the U.S. dollar fell to a 14-month low.
Verizon and McGraw Hill are among companies reporting on Monday. Oil giants ExxonMobil , Chevron and Conoco-Philips report later in the week.
Investors will take in the Dallas Fed survey for October later in the morning, but the highlight of the week will likely be on Thursday, when GDP data may show the U.S. economy returned to growth. Analysts expect the report to show the economy grew by 3.3 percent in the third quarter, according to a Reuters survey.
The dollar fell to a 14-month low against the euro on Monday after a Chinese report saying Beijing should increase its holdings of euros and yen in its foreign reserves led investors to sell the greenback.
U.S. equities and the dollar have moved in the opposite direction as of late as the weak dollar helps multinationals with overseas sales and signals improving risk appetite.
S&P 500 futures rose 3.10 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 39 points, while Nasdaq futures added 7.50 points.
U.S. stocks fell on Friday, with the major indexes slipping for the first week in three, as industrial companies' weak results overshadowed robust earnings from tech and retail heavy-weights.
The blue-chip Dow average <.DJI> finished below 10,000, but is still up 54 percent from the March low as investors grow more confident that the economy will recover, and as corporate earnings beat expectations.
(Reporting by Leah Schnurr, editing by W Simon )