U.S. stock futures point to a slightly higher open this morning, with positive news coming from the technology and financial sectors.
There are reports today that as many as ten banks could get approval today from the government to pay back their TARP funds. Separately, Texas Instruments announced better-than-expected earnings news. The second-largest U.S. chipmaker raised its targets for second quarter earnings and revenue, signaling improving demand in the chip market.
Economic data out today includes the wholesale trade data for April at 10:00 ET and the weekly oil inventory. Already released was the NFIB small business survey which showed improvements.
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