U.S. stock futures gained as data showed companies added more jobs than estimated and investors speculated Europe will act to contain its crisis.
News that FMs are pondering a backstop for shaky eurozone banks sparked a late-day 400 point rally in the Dow. Details of the plan are sketchy, but markets were hungry for a sign that EU diplomats are taking the unstable capital positions of their banks seriously.
Company news:
Walt Disney Co. and Apollo Group Inc. rose at least 1.1 percent as analysts raised their recommendations