Futures rise, Apple deal boosts Nasdaq

U.S. stock index futures rose on Monday, indicating that a recent rally on Wall Street would continue, with Apple Inc (AAPL) surging on a distribution deal with China Mobile. * Tech titan Apple said Sunday it had signed a long-awaited agreement with China Mobile Ltd (CHL) to sell iPhones through the world's biggest network of mobile phone users, a deal that could add billions of dollars to its revenue. * Shares of Apple jumped 3.7 percent to $569.12 in premarket trading, and the stock's massive market capitalization helped lift the Nasdaq. U.S.-listed shares of China Mobile rose 1.5 percent to $52.38.

via Business News - Yahoo Finance http://finance.yahoo.com/news/futures-rise-apple-deal-boosts-124211545.html