India, May 12 -- Initial cues from the U.S. Futures Index suggest that Wall Street might open higher on Monday. Consumer and Producer price inflation reports, retail sales, industrial production and consumer sentiment data might get attention this week.

In the Asian trading session oil prices surged, while gold remained under pressure.

Asian shares finished positive, while European shares are trading mostly up.

As of 8.15 am ET, the Dow futures were adding 1,108.00 points, the S&P 500 futures were progressing 181.50 points and the Nasdaq 100 futures were up 817.00 points.

The U.S. major averages closed narrowly mixed on Friday. The Nasdaq crept up 0.78 points or less than a tenth of a percent to 17,928.92, the S&P 500 edged down 4.03 po...