Before the bell: S&P futures +4.2, Nasdaq futures +2.7
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will gain after a three-week decline, as more than $20 billion in deals and valuations near the lowest level in two years overshadowed further signs the economy is slowing.
Motorola Mobility Holdings Inc. soared 58 percent after Google Inc. (GOOG) said it agreed to buy the company for about $12.5 billion in cash.
Stock-futures maintained gains after a report showed that manufacturing in the New York region contracted for a third straight month in August as orders and inventories dropped. The Federal Reserve Bank of New York’s general economic index fell to minus 7.7 from minus 3.8 in July, a report showed today.