Stock futures regain momentum ahead of data (AP)

Investors expect the data to show more deterioration, but they are hoping the pace of the declines will be more moderate. The market is eager for signs that the U.S. recession will end this year.

Oil Tanks manufacturing facility, India.

The Institute for Supply Management's December index of non-manufacturing activity is due at 10 a.m. Eastern time, as are the Commerce Department's report on November factory orders and the National Association of Realtors' November index of pending sales of existing homes. , also said at the time it was considering buying other types of securities, too, such as Treasurys .

Full Story: Stock futures regain momentum ahead of data (AP)