Wall Street’s major benchmarks began Monday’s session in plus territory, and investors are bracing themselves for the start of earnings season.
The Dow Jones rose some 147 points, 0.84%, to trade at 17,724.
Meanwhile, the S&P 500 and the Nasdaq Composite added 0.7% and 0.95% respectively.
Yahoo, Tesla Motors, and Facebook in focus during Monday's pre-market
Investors are bracing themselves for the deluge on Monday, as Alcoa Inc (LON:AA) hails the unofficial start to Wall Street’s earnings season.
The aluminium producer - and industrial sector bellwether - releases its results later today, after the market close.
Earlier, however, attentions are on Yahoo! Inc (NASDAQ:YHOO), Tesla Motors Inc (NASDAQ:TSLA) and Facebook Inc (NASDAQ:FB).
Yahoo shares are seen around 1% higher ahead of the opening bell following reports that London’s Daily Mail is involved in private equity backed moved for the Nasdaq group, with the newspaper and tabloid website targeting Yahoo’s online media operations.
Tesla is, meanwhile, hosting a conference call at midday in which it is expected to give a further update. It comes after the recent launch and encouraging early take up of the group’s Model 3 electric saloon.
Facebook this week hosts its annual developer conference. The ‘F8’ event is notably expected to deliver insights regards the social networks plans for live video and artificial intelligence ‘chatbots’.
Notable movers in pre-market include memory and digital storage maker Seagate Technology Plc (NASDAQ:STX), Devon Energy Corp (NYSE:DVN) and Freeport-McMoRan Inc (NYSE:FCX).
Wall Street’s benchmarks, overall, as seen positively in pre-market.
Dow Jones futures are up some 57 points to 17,542, while the S&P 500 and Nasdaq futures were seen up 7.25 and 18.75 points respectively at 2,047.6 and 4,474.