ADT - ADT Inc.
JCAP - Jernigan Capital, Inc.
VAR - Varian Medical Systems, Inc.
AIHS - Senmiao Technology Limited
CBAY - CymaBay Therapeutics Inc.
IMUX - Immunic, Inc.
DPHC - DiamondPeak Holdings Corp.
FSLY - Fastly, Inc.
PBF - PBF Energy Inc.
NIO - NIO Inc.
(MT Newswires) -- US stock futures rose in volatile trading Monday amid rising tensions between the world's first and second largest economies and delays to the next round of coronavirus relief package.
Dow Jones Industrial Average futures gained 0.4%, S&P futures increased 0.5%, and Nasdaq futures rose 0.9% recently.
US Secretary of State Mike Pompeo's fresh tirade calling for broad action against Chinese software companies over national security risks fueled concerns about deteriorating US relations with China.
Meanwhile, US lawmakers reached an impasse in legislating the next round of coronavirus relief due to disagreements over extra unemployment benefits.
Oil prices fell, with global benchmark Brent Crude down 0.5% and US West Texas Intermediate down 0.6% recently, as members of the Organization of the Petroleum Exporting Countries and their allied producers are set to ease output curbs starting in August.
At 9:45 am, data are expected to show Purchasing Managers' Manufacturing index coming in at 51.3 for the July flash against June's 49.8, according to Econoday.
At 10 am, forecasters see the Institute for Supply Management manufacturing index coming in at 53.5 for July against June's 52.6. Construction spending is seen rising 1.3% for the month of June after falling 2.1% in July.
In equities, shares of ADT (ADT) were 81.9% higher pre-bell after the company secured a $450 million investment from Alphabet's (GOOGL, GOOG) Google unit as part of strategic collaboration on smart home security.
https://mymillennialinvestments.com/index.php/News/Pre-Market-Movers/August-3rd-2020