US futures up as Ukraine concern eases

New York - US stock index futures were higher on Monday, as the threat of an escalation of the conflict in Ukraine appeared to lessen and the latest round of merger action supported equities.

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

Discount retailer Dollar General Corp offered to buy Family Dollar Stores for $8.95 billion (R95 billion), trumping an offer by Dollar Tree.

Family Dollar shares gained 5.2 percent to $80 before the opening bell while Dollar General jumped 7.9 percent to $62.

Dow Jones industrial average e-mini futures rose 88 points and Nasdaq 100 e-mini futures added 22 points.