US futures are higher this morning despite falling oil prices. All 3 major indices are looking to close the month of May higher despite oil falling. Crude and Brent are both down around 2 percent as investors continue to be concerned over rising output and a shorter than expected cut out of OPEC. Later this morning we will get economic data for pending home sales and the Chicago PMI. The Fed Beige Book will also be released later today. Asian markets closed mixed with the Nikkei lower while the Shanghai closed higher on better than expected PMI numbers out of China. European markets are trading higher led by the DAX.