– –Stock futures and government bonds rose On Monday, investors waited for a list of Federal Reserve speakers and manufacturing data.
Futures linked to the S&P 500 rose 1.2% and contracts for the Nasdaq-100 rose 1.4%. The broad spike came as the yield on 10-year treasury bills, the benchmark cost of borrowing in global debt markets, fell from 1.459% on Friday to 1.428%. Read our full market report.
– –Income is due of Zoom Video Communications and Switch after closing.
– –US manufacturing index from IHS Markit for February, due at 9:45 a.m. ET, is expected to remain stable at 58.5, unchanged from a preliminary reading. The Institute for Supply Management’s production index for February at 10 a.m. is expected to rise from 58.7 in the previous month to 58.9.
– –US construction spending For January, due at 10 a.m., an increase of 0.8% compared to the previous month is expected.