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US futures head higher
US stock futures heading higher ahead of report on company inventory stockpiles
By The Associated Press

NEW YORK (AP) Stock futures are rising for a second day ahead of government report that is expected to show that companies are ordering more goods, which would be good news for factories that produces them and the economy as a whole.

Dow Jones industrial average futures are up 48 points to 12,633. Standard & Poor's 500 futures are up 4.3 points to 1,339.80 and Nasdaq futures rose 6.75 points to hit 2,584.75.

Sales at the wholesale level rose 1.1 percent in April, sparking a 0.6 percent rise in inventories that likely continued into May. Economists expect sales at the wholesale level may have slipped 0.1 percent in May, however. The current rate of stockpiling has not been great enough to trim unemployment levels that have rattled consumer and business confidence this year.




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