Indications from the U.S. Futures Index suggest a positive start on Wall Street this Monday. During the Asian trading session, the dollar strengthened while gold prices experienced a slight decrease. Conversely, oil prices saw a decline of over 4 percent.
As of 8:10 am ET, Dow futures had increased by 103 points, S&P 500 futures had gained 22.25 points, and Nasdaq 100 futures saw an advancement of 104.25 points.
On Friday, U.S. major indices presented a mixed performance. The Dow fell by 2.7 percent, the S&P 500 decreased by 1.0 percent, whereas the Nasdaq reported a slight increase of 0.2 percent.
This week, attention could be drawn toward the monthly Jobs report and the Personal Income and Spending report. Other key reports including those on consumer confidence, pending home sales, and manufacturing sector activity, along with major corporate earnings releases, are likely to garner interest.
In economic activities, the Treasury will hold several auctions: the Six-month Treasury Bill and the Two-year Treasury Note auctions are scheduled for 11:30 am ET, followed by the Three-month Treasury Bill auction at 1:00 pm ET, and the Five-year Treasury Note auction also at 1:00 pm ET.
Asian stock markets broadly rose on Monday. China's Shanghai Composite Index increased by 0.68 percent, closing at 3,322.20, while Hong Kong's Hang Seng Index ended slightly higher at 20,599.36 after a session of volatility.
Japanese markets posted impressive gains, with the Nikkei average climbing 1.82 percent to settle at 38,605.53 and the broader Topix index closing 1.51 percent up at 2,657.78.
In Australia, the markets concluded the day with modest gains. The benchmark S&P/ASX 200 inched up by 0.12 percent to reach 8,221.50, and the All Ordinaries index rose by 0.13 percent to close at 8,478.20.
In Europe, shares are generally trending downwards. France's CAC 40 is marginally up by 4.68 points or 0.06 percent, whereas Germany's DAX is down 62.37 points or 0.32 percent. Meanwhile, England's FTSE 100 has slipped by 37.74 points or 0.46 percent, with the Swiss Market Index dropping by 20.62 points or 0.17 percent.
The Euro Stoxx 50, a gauge representing the leading blue-chip companies in the Eurozone, is down by 0.14 percent.
