U.S. Stocks Poised to Open Higher on Monday

U.S. Stocks Poised to Open Higher on Monday


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A dealer on the ground of the New York Stock Exchange final week. The S&P 500 almost entered a bear market final week.

Photo by Spencer Platt/Getty Images

U.S. shares are set to open greater on Monday.

On Sunday night time,

Dow Jones Industrial Average

futures gained 154 factors, or 0.5%, whereas the S&P 500 futures gained 0.6% and

Nasdaq Composite

futures rose 0.6%.

Crude oil futures (West Texas Intermediate) misplaced 0.4%, to $109.81 a barrel, whereas Brent crude, the worldwide customary, was up 0.32% to $112.91 a barrel.

More

S&P 500

firms are scheduled to report earnings this week, together with: Advance Auto Parts and Zoom Video Communications on Monday; Agilent Technologies, AutoZone, Best Buy, Intuit, Nordstrom, Petco Health & Wellness, Ralph Lauren, and Toll Brothers on Tuesday; Dick’s Sporting Goods, Nvidia, Snowflake, and Williams-Sonoma on Wednesday; Alibaba Group Holding, Burlington Stores, Costco Wholesale, Dell Technologies, Dollar General, Dollar Tree, Gap, Macy’s, Marvell Technology, Medtronic, and Ulta Beauty on Thursday; and Big Lots on Friday.

This week’s notable financial highlights embody: On Tuesday, the Census Bureau reviews residential gross sales statistics for April, and S&P Global releases each its Manufacturing and Services Purchasing Managers’ indexes for May. On Wednesday, the Federal Open Market Committee will publish the minutes from its monetary-policy assembly in early May, and the Census Bureau will launch its sturdy items report for April. On Thursday, the Bureau of Economic Analysis will launch its second estimate for first-quarter gross home product. On Friday, the Bureau of Economic Analysis reviews private revenue and spending knowledge for April. 

Write to Janet H. Cho at janet.cho@dowjones.com

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