US STOCKS-Futures rise after G20; M&A action in focus

                                
   * G20 pledge to keep aid flowing until recovery reassured
                                
 * Kraft faces deadline for Cadbury bid
                                
 * GE, Comcast agree on $30 bln valuation on NBC-Comcast JV
                                
 * For up-to-the-minute market news, click [STXNEWS/US]
  (Adds analyst quote, updates prices)
                                
 By Angela Moon
                                
 NEW YORK, Nov 9 (Reuters) - U.S. stock index futures
pointed to a 1 percent gain at the open on Monday as investors
took comfort from a pledge by the Group of 20 to keep economic
stimulus in place until a recovery was reassured.
                                
 Finance ministers and central bankers of the G20 agreed on
Saturday to keep the aid flowing until a economic recovery was
sustainable. For details, see [ID:nLQ516726]
                                
 Global stocks rose on the news, while the dollar fell
broadly as high-yielding and commodity-linked currencies
benefited from the renewed risk-taking sentiment.
[ID:nL9362990]
                                
 "Cheap money continues to fuel the rush into stocks, not
just in the U.S., but on a global scale (after G20)," said
Peter Cardillo, chief market economist at Avalon Partners in
New York.
                                
 Kraft Foods Inc <KFT.N> is expected to formalize a hostile
takeover bid for Britain's Cadbury Plc <CBRY.L> valued at
roughly $16.7 billion, with a noon EST (1700 GMT) deadline
ticking closer. [ID:nL9392712]
                                
 General Electric Co <GE.N> and Comcast Corp <CMCSA.O>
agreed on a valuation of around $30 billion for a joint venture
between NBC Universal and Comcast, ironing out what was a key
obstacle in talks, a source familiar with the matter said.
[ID:nN08209497] GE was up 2.1 percent at $15.65 in premarket
trading.
                                
 S&P 500 futures <SPc1> were up 11 points and above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures <DJc1> gained 85
points, and Nasdaq 100 futures <NDc1> added 17 points.
                                
 Sprint Nextel Corp <S.N> is preparing to pump at least $1
billion more into Clearwire Corp, the Wall Street Journal
reported, citing two sources. [ID:nN08210265]. Sprint Nextel
rose 3.9 percent to $2.96 before the bell.
                                
 Data showed China's passenger cars sales surged 75.8
percent in October from a year earlier, extending the explosive
growth in recent months as government incentives continued to
lure customers.
                                
 On the earnings front, Electronic Arts Inc <ERTS.O>, Tesoro
Corp <TSO.N> and Rockwell Automation Inc <ROK.N> are due to
report results on Monday.
                                
 Oil jumped more than $1 to $79 a barrel and gold hit a
record high above $1,100 an ounce as the dollar index <.DXY>
slid 1 percent on the outcome of the G20 meeting.
                                
 U.S. stocks ended the week 3 percent higher, shrugging off
the news of the unemployment rate hit 10.2 percent, the highest
in 26-1/2 years.
                                
 (Reporting by Angela Moon; editing by Jeffrey Benkoe)