Stock futures higher after Empire State data

Posted by MarketWatch

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Wall Street was pointing to a higher start on Monday, with U.S. stock futures rising after better-than-expected euro-zone manufacturing data, although manufacturing conditions in the New York region didn’t pick up as much as expected.

Traders were also gearing up for this week’s all-important Federal Open Market Committee meeting, as well as watching for an industrial-production report just before the opening bell.

The New York Federal Reserve said itsEmpire State general business conditions index edged up to 1.0 in December from negative 2.2 in November. A MarketWatch survey of economists called for a reading of 5.0 in