US futures up after glimpse of manufacturing

Associated Press
In this Friday, Jan. 25, 2013, photo, Trader Michael Urkonis, center, works on the floor of the New York Stock Exchange. Wall Street appeared headed for a day of trade without drama Monday Jan. 28, 2013.  (AP Photo/Richard Drew)
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In this Friday, Jan. 25, 2013, photo, Trader Michael Urkonis, center, works on the floor of the New York Stock Exchange. Wall Street appeared headed for a day of trade without drama Monday Jan. 28, 2013. (AP Photo/Richard Drew)

NEW YORK (AP) — Stock futures are heading higher with investors getting a peak into the health of the U.S. manufacturing sector.

Dow Jones industrial futures are up 11 points to 13,823. The broader S&P futures have added 2 points to 1,497.70. Nasdaq futures are up 3 points to 2,731.

The Commerce Department is expected to report that companies boosted orders for long-lasting manufactured goods as the year came to a close, a good sign for the economy heading into 2013.

Economists polled by FactSet expect that orders for durable goods rose 1.9 percent in December.

It would be the third consecutive month that the private sector signaled more robust investment plans.

And Caterpillar said Monday that its fourth-quarter profit after taxes rose 4 percent and 14 percent for 2012.

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