US futures up on Ukraine, Russia optimism

New York - US stock index futures rose on Wednesday, on hopes a resolution would be reached between Ukraine and Russia and ahead of the latest batch of data which could provide insight on the health of the economy.

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

However, statements from both sides indicated at least some progress was being made between the two.

Expectations call for an 11 percent rise versus the 1.1 percent increase a month earlier.

Automakers will also announce August vehicle sales throughout the session.

Dow Jones industrial average e-mini futures rose 64 points and Nasdaq 100 e-mini futures added 12.75 points.

Concur shares were up 11.9 percent to $113 in light premarket trade.