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Stocks look to gain on payrolls miss, oil up after cyber attack

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Stocks rose on Monday amid speculation that interest rates will remain low for an extended period due to the receding risk of a rapid acceleration ...

Stocks rose on Monday amid speculation that interest rates will remain low for an extended period due to the receding risk of a rapid acceleration in inflation, while oil prices jumped after a cyber attack on a U.S. pipeline operator unnerved markets.

Futures for Japan's Nikkei rose 0.03per cent. Australian S&P/ASX 200 futures were down 0.06per cent. U.S. stock futures rose 0.12per cent. Oil futures extended gains after a cyber attack shut down a U.S. pipeline operator that provides nearly half of the U.S. east coast's fuel supply. On Friday the Dow Jones Industrial Average and the S&P 500 rose to record closing highs after disappointing data on the U.S. jobs market eased concerns about a spike in consumer prices.

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