Stocks set to rebound

NEW YORK (CNNMoney.com) -- U.S. stocks were poised for a higher open Monday after BP announced it's having some success in its latest effort to capture the oil leaking from its Gulf of Mexico well.

Dow Jones industrial average, Nasdaq and S&P 500 futures rose slightly ahead of the opening bell.

Futures measure current index values against perceived future performance.

Stock futures turned upward after BP (BP) announced its latest effort, called a lower marine riser package, collected 10,500 barrels of oil on June 5, compared with an estimated 12,000 to 19,000 barrels leaking from the well each day. BP stock futures rebounded nearly 3.5% on the news early Monday.

The oil giant's shares have fallen about 24% over the last month, as the company has struggled to contain and clean up the Gulf oil spill.

The rebound in futures comes after stocks posted sharp losses late last week.

On Friday, stocks plummeted, as a disappointing jobs report and fresh concerns about Europe contributed to a broad sell-off of risky assets. The Dow Jones industrial average lost 324 points, ending below the 10,000 mark, while the S&P 500 and Nasdaq composite slid more than 3% each.

"We had a tremendously crazy week last week. Everybody's looking for some type of bounce off that bottom," said Anthony Conroy, head trader at BNY ConvergEx Group.

World markets: Asian markets tumbled, as Japan's Nikkei index closed nearly 4% down and Hong Kong's Hang Seng index lost more than 2%.

European markets were mixed in early trading. London's FTSE 100 and Paris' CAC 40 were down about 0.1%, while Frankfurt's DAX rose 0.2%.

Company news: Apple (AAPL, Fortune 500)'s World Wide Developers Conference in San Francisco kicks off in the afternoon with chief executive Steve Jobs' keynote address.

Grifols, a European maker of blood-plasma products, said it would buy Talecris Biotherapeutics (TLCR) for $3.4 billion. The move will expand Grifols to almost a third of the U.S. market. Talecris shares rose 49% in premarket trading.

Economy: On Monday evening, Federal Reserve chairman Ben Bernanke will answer questions about the economy at an event in Washington.

Dollar and commodities: The euro teetered between posting a 0.8% loss and remaining flat against the dollar Monday, after Europe's shared currency fell below $1.20 for the first time in four years late last week. The greenback was also up slightly against the Japanese yen, but down versus the British pound.

U.S. light crude oil for July delivery rose 9 cents to $71.60 a barrel.

COMEX gold's August contract fell $3.30 to $1,214.40 per ounce.

Bonds: Treasury prices were slightly higher, pushing the benchmark 10-year note's yield down to 3.20% from 3.22% late Friday. Bond prices and yields move in opposite directions.