Stocks are poised for a higher start as Dubai gets bailed out

U.S. stocks are set to open higher Monday morning after Dubai received a last-minute lifeline from neighboring Abu Dhabi, which lent it $10 billion on a day some debt was to expire. Meanwhile in the U.S., Citigroup announced it will repay its bailout funds.

Without much in the way of economic reports, investors are likely to concentrate on the banking sector, as many execs are meeting today with President Obama to discuss lending and compensation practices, as well as falling oil prices.

More here: Before the bell: Futures higher after Dubai's bailout, Citi repaying TARP
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Markets

NASDAQ 6,782.79 -10.50 -0.15%
S&P 500 2,578.85 -6.79 -0.26%
DJIA 23,358.24 -100.12 -0.43%
NIKKEI 225 22,368.68 -28.12 -0.13%
HANG SENG 29,199.04 0.00 0.00%
DAX 12,993.73 -53.49 -0.41%
USD (per EUR) 1.17 0.00 0.11%
USD (per CHF) 0.99 0.00 0.02%
JPY (per USD) 112.12 0.09 0.08%
GBP (per USD) 1.32 0.00 0.03%

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