Stocks pick up steam ahead of slew of economic data

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Wall Street pointed higher early today, the Associated Press reports, as markets prepare to absorb a slew of high-profile economic data this week. Futures for the Dow Jones Industrials and the S&P 500 each rose about 0.3% before the bell.

Economic reports coming this week include trade, jobless claims, vehicle sales, and the government’s comprehensive March jobs report.

U.S. benchmark crude oil shed 11 cents to $83.06 per barrel in electronic trading on the New York Mercantile Exchange. It was up $1.82 per barrel on Thursday before markets closed for Good Friday and Easter.

The U.S. dollar rose to 151.38 Japanese yen from 151.29 yen.

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