US Stock Futures Mixed; Dollar Rises Against Euro

US stock futures are mixed this morning. Futures for the Dow Jones Industrial Average surged 7 points to 12,815.00 and S&P 500 index futures rose 1.40 points to 1,357.80. Nasdaq 100 futures dropped 0.50 points to 2,609.25. US stocks closed higher on Friday, with the Dow Jones Industrial Average surging 2.20% to 12,880.09, the S&P 500 index rising 2.49% to 1,362.16 and the Nasdaq 100 index jumping 3% to 2,935.05. On Thursday, ADP will release its June employment data. Data on June payroll figures will be released on Friday. Acuity Brands AYI is estimated to report its Q3 earnings at $0.78 per share on revenue of $491.70 million. Bristol-Myers Squibb Co BMY agreed to acquire Amylin Pharmaceuticals AMLN for around $5 billion in cash. German Linde AG LNAGF agreed to buy Lincare Holdings LNCR for $4.6 billion. Shares of Finish Line FINL jumped 11.94% on Friday after the company reported an upbeat first-quarter profit. The unemployment rate in the euro zone climbed to 11.1% in May, versus 11% in the prior month, according to the European Union statistical agency, Eurostat. European markets were higher today. The STOXX Europe 600 Index rose 0.74%, London's FTSE 100 Index surged 0.58% and German DAX 30 index rose 0.94%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.04%, China's Shanghai Composite gaining 0.03% and Australia's S&P/ASX 200 rising 0.89%. India's Sensex dropped 0.18%. Gold for August delivery dropped $13.60 to trade at $1,590.60 an ounce in electronic trading hours on the Comex division of the New York Stock Exchange. The dollar index (DXY) gained 0.21% to 81.76, versus 81.658 in late North American trading on Friday. The euro dropped 0.45% versus the dollar to trade at $1.2621, down from $1.2658 in late North American trade Friday.