U.S. stock index futures pointed to a higher open on Monday as traders continued to digest a drop in unemployment to its lowest level in almost a decade and a speech from New York Federal Reserve President William Dudley.
Unemployment dropped to 4.6 percent and is now at its lowest since August 2007 while job gains continued to be strong in November, coming in at 178,000, in line with this year's average of 180,000.
The expectation among investors is for the Federal Reserve to hike interest rates at its meeting later in December. In his speech, Dudley said he favors gradual rate hikes if the U.S. economy stays on track.
Investors also digested a key referendum in Italy, with Italian Prime Minister Matteo Renzi expected to resign after a "clear" rejection of legislative reform measures.