US stock index futures pointed higher Monday after two tough weeks for Wall Street.
With the kickoff of fourth-quarter earnings just two days away, investors are likely to focus on any significant corporate news that shows the way going forward. The major averages have fallen for four straight sessions and seven of the past eight.
Brocade Communications is putting itself up for sale, according to a Wall Street Journal report that identified Oracle and Hewlett-Packard as possible bidders for the networking and data storage company.
Brocade shares jumped more than 12 percent in premarket trading off the news.
Ford may have another interested buyer for Volvo, with the Financial Times reporting that A U.S. led consortium may challenge China's Geely Automotive in bidding for the unit. The consortium is led by former Ford director Michael Dingman and former auto executive Shamel Rushwin. Ford shares edged lower premarket.