Futures rise, setting up solid gains for the week

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Associated Press

Posted on May 10, 2013 at 7:02 AM

Updated Friday, May 10 at 7:02 AM

NEW YORK (AP) — Stock futures are rising and all major markets appear to be headed for solid gains this week.

Dow Jones industrial futures are up 46 points to 15,090. The broader S&P futures have added 4 points to 1,628.60. Nasdaq futures are up 7.5 points to 2,965.50.

The Dow rose above 15,000 for the first time Tuesday and it's stayed there since. The Nasdaq is at 12-year highs. The S&P had risen every day since the beginning of the month until posting a 6-point loss Thursday.

On Friday, the dollar soared above 100 yen for the first time in more than four years.

The Treasury Department releases budget data at 2 p.m. Eastern on Friday and U.S. Federal Reserve Chairman Ben Bernanke is speaking in Chicago.

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