Stocks poised for higher open after durable goods data

|By:, SA News Editor

Stock futures suggest solid gains at the open after data showed durable goods orders rising more than expected; S&P and Dow +0.4%, Nasdaq +0.5%.

Hopes for measures that could boost China’s economy and speculation of more moves by the European Central Bank also are driving gains.

Taking a cue from yesterday's gains on Wall Street, Asian stocks finished mostly higher although the Shanghai Composite pulled back a bit; markets trade broadly higher across Europe.

Treasurys trade at session highs as buyers emerged following the durable orders release; the 10-year note is ahead one basis point to ~2.745%.

Still ahead: PMI Flash services, EIA petroleum inventories.