Monday, April 9, 2007

US STOCKS-Futures climb on employment report, M&A news

(Reuters) - NEW YORK, April 9 - U.S. stocks were poised to rally on Monday after a long holiday weekend on signs of stronger-than-expected job growth last month and a report of a possible $50 billion leveraged buyout offer for Dow Chemical Co.

U.S. stock markets were closed on Good Friday, so investors will have the first opportunity to react to Friday's news from the Labor Department that U.S. employers added 180,000 new jobs in March, implying the economy remains durable despite a slowdown in housing.


Read more at Reuters.com Bonds News

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