U.S. stock index futures rose on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.

* Finance ministers and central bankers of the G20 pledged on Saturday keep the aid flowing until a economic recovery was sustainable.

* Global stocks rose on the G20 news, while the dollar fell broadly as high-yielding and commodity-linked currencies benefited from the renewed risk-taking sentiment.

* Kraft Foods Inc is expected to formalize a hostile takeover bid for Britain's Cadbury Plc valued at roughly $16.7 billion, with a noon EST deadline ticking closer.

* General Electric Co and Comcast Corp agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what was a key obstacle in talks, a source said.

* S&P 500 futures were up 10.2 points and 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 85 points, and Nasdaq 100 futures added 15.50 points.

* Sprint Nextel Corp is preparing to pump at least $1 billion more into Clearwire Corp, the Wall Street Journal reported, citing two sources.

* Data showed China's passenger cars sales surged 75.8 percent in October from a year earlier, extending the explosive growth in recent months as government incentives continued to lure customers.

* On the earnings front, Electronic Arts Inc , Tesoro Corp and Rockwell Automation Inc are due to report results on Monday.

* U.S. stocks ended the week 3 percent higher, shrugging off the news of the unemployment rate hit 10.2 percent, the highest in 26-1/2 years.

(Reporting by Angela Moon; editing by Jeffrey Benkoe)

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