US futures gain on China data

New York - US stock index futures rose on Wednesday, after better-than-expected economic data in China and ahead of the latest batch of corporate earnings.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

The company also forecast third-quarter revenue above Wall Street's expectations.

IBM shares gained 2.2 percent to $192.59 and Apple advanced 2.5 percent to $97.72 in premarket.

Time Warner shares jumped 13.1 percent before the bell after the New York Times reported Twenty-First Century Fox made an $80 billion takeover offer for the company that was turned down.

IGT shares jumped 10.1 percent to $17.07 before the opening bell.

Dow Jones industrial average e-mini futures rose 54 points and Nasdaq 100 e-mini futures added 20.25 points.

Revenue is seen up 3.2 percent.