Stocks seen higher, Ukraine fears recede

U.S. stock-index futures pointed to a higher open on Monday, tracking gains in Europe as Ukraine and Russian officials talked about a potential truce and a round of corporate deals bolstered sentiment.

Dollar General jumped after the discount retailer offered $8.95 billion for Family Dollar Stores, challenging a bid from Dollar Tree. Monster Beverage fell after Jefferies Group downgraded the stock to hold from buy.

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Russia said a dispute over its convoy of humanitarian aid to Ukraine had been settled, but no further progress had been made in discussions between Russia, Germany, France and Ukraine on Sunday.

Sensata Technologies Holding said it would pay $1 billion to acquire the Schrader group of companies, and Ingersoll-Rand said it would purchase Cameron International's centrifugal compression business for $850 million.

Before the close on Friday, the Nasdaq managed to climb back into positive territory to record its best week since May.

Investors will look at more economic data this week, starting with the NAHB housing survey at 10.00 a.m. ET on Monday.

CPI data is out on Tuesday, followed by more data on housing starts. The Federal Reserve will also be in focus, with meeting minutes out on Wednesday and a gathering of central bank leaders in Jackson Hole, Wyo., on Thursday.

Both Fed Chair Janet Yellen and European Central Bank President Mario Draghi will speak at the event.

In earnings news, the only notable company to report on Monday is retailer Urban Outfitters.