US pre-open: Stocks set for positive open as oil rallies

LONDON (ShareCast) – (ShareCast News) – Stocks on Wall Street looked set for solid gains at the open as oil prices rose and investors continued to digest the implications of the European Central’s Bank latest stimulus measures.At 1210 GMT, Dow Jones Industrial Average and S&P 500 futures were up 0.9% and 1%, respectively, while Nasdaq (NasdaqGS: NDAQ – news) futures were 1.2% higher.At the same time, West Texas Intermediate was up 2.6% to $38.83 a barrel and Brent cru