* Gold rises as dollar falls before ECB meeting
* Consumer spending data on tap
NEW YORK, April 29 (Reuters) - U.S. stock index futures rose
on Monday, extending the previous week's gains, buoyed by upward
momentum from European stocks and hopes for U.S. corporate
results and economic data.
* Wall Street was poised to start the last week of April
higher. So far, the S&P 500 is up 0.8 percent this month.
* In macroeconomic news, personal income and outlays, due at
8:30 a.m. EDT (1230 GMT) will be in focus after last week's
disappointing first quarter gross domestic product numbers.
Economists polled by Reuters forecast personal spending growth
was flat last month, after rising 0.7 percent in February.
* Pending home sales data is due at 10:00 a.m. EDT and
Dallas Federal Manufacturing Survey index is scheduled at 10:30
* This week marks the last week of heavy earnings, with 137
S&P 500 companies due to report.
* Boosting equities, spot gold rose 0.6 percent to
$1,470.96 an ounce. The metal rose on Friday to touch its
highest since April 15 at $1,484.81.
* Weak U.S. growth data has raised expectations the Federal
Reserve will keep its pace of bond buying at $85 billion a
month, while the European Central Bank (ECB) is widely expected
to announce an interest rate cut when it meets on Thursday.
* S&P 500 futures rose 4.7 points and were above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration of the
contract. Dow Jones industrial average futures rose 43
points and Nasdaq 100 futures added 9.5 points.
* U.S. stocks dipped in thin volume on Friday, though the
market had a strong week overall despite a mixed bag of earnings
and weak economic figures.
* Hotel, energy and financial services conglomerate Loews
Corp reported a 34 percent drop in first-quarter profit
due to higher impairment charges and a sharp fall in investment
income. The stock was unchanged in premarket
* Shares of online retailer Amazon.com Inc posted
the largest daily drop in 15 months after the company reported
results late on Thursday. It was Friday's biggest drag on the
S&P 500 and Nasdaq indexes.
* European shares edged up on Monday after Italy finally
formed a government, ending two months of political uncertainty,
although analysts saw the gains petering out in the near term.