U.S. stock index futures are pointing to a higher open this morning on hopes for a concrete plan to solve the European debt crisis, with leaders having made some progress over the weekend.
The Dow begins the new week coming off a four week winning streak, the only one of the major averages currently in positive territory for 2011.
October, traditionally one of the worst months of the year for stocks, is on track for the best monthly gain for the S&P 500 since March 2000, while the Dow is on pace for its best monthly point gain since April 1999.
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