US STOCKS-Futures rise on optimism over economic revival

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* Futures up: Dow 0.51%, S&P 0.35%, Nasdaq 0.03%

By Devik Jain and Medha Singh
June 8 (Reuters) - U.S. stock index futures rose on Monday
as a surprisingly upbeat jobs report last week added to optimism
that the world's biggest economy has weathered the worst fallout
of the coronavirus outbreak.
Leading the gainers premarket were shares of companies
hammered by the pandemic such as cruise line operators and
airlines.
Carnival Corp CCL.N , Norwegian Cruise Line Holdings Ltd
NCLH.N , American Airlines AAL.O and United Airlines Holdings
UAL.O climbed between 10.6% and 17.5%.
The tech-heavy Nasdaq .IXIC closed within a striking
distance of its Feb. 19 all-time peak on Friday after a
closely-watched monthly jobs report showed an unexpected fall in
unemployment rate.
The S&P 500 .SPX and the Dow .DJI are now 5.7% and 8.3%
below their respective closing records after surging more than
45% from their pandemic lows hit on March 23 as most businesses
have now reopened after weeks of shutdown to curb the spread of
the virus.
This week's centerpiece is the Federal Reserve's two-day
policy meeting, ending on Wednesday, where the jobs report is
expected to be discussed.
It would be the first meeting since April when Fed Chair
Jerome Powell said the U.S. economy could feel the weight of the
economic shutdown for more than a year. At 6:05 a.m. ET, Dow e-minis 1YMcv1 were up 139 points, or
0.51%. S&P 500 e-minis EScv1 were up 11.25 points, or 0.35%
and Nasdaq 100 e-minis NQcv1 were up 2.5 points, or 0.03%.
Gilead Sciences GILD.O gained 3.2% after a report said
Britain's AstraZeneca AZN.L had approached the U.S. rival
about a possible merger to form one the world's largest drug
companies. Occidental Petroleum Corp OXY.N , Devon Energy Corp DVN.N
and Marathon Oil Corp MRO.O gained between 16% and 17.5%,
among the energy companies surging after major oil producers
agreed to extend a deal on record output cuts. O/R