Pre-open movers

U.S. stock futures traded higher in early pre-market trade after the Dow Jones dropped more than 200 points in the previous session. Investors are awaiting earnings results from Deere & Company (NYSE: DE), Booz Allen Hamilton Holding Corporation (NYSE: BAH) and Foot Locker, Inc. (NYSE: FL).

Futures for the Dow Jones Industrial Average jumped 289 points to 31,491.00 while the Standard & Poor’s 500 index futures rose 45.25 points to 3,943.00. Futures for the Nasdaq index surged 199 points to 12,077.25.

Oil prices traded slightly lower as Brent crude futures fell 0.1% to trade at $112.02 per barrel, while US WTI crude futures fell 0.5% to trade at $111.65 a barrel. The Baker Hughes North American rig count report for the latest quarter will be released at 1:00 p.m. ET.

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