—Stock futures and government bonds climbed Monday as investors awaited a slate of Federal Reserve speakers and data on the manufacturing sector.
Futures tied to the S&P 500 rose 1.2% and contracts for the Nasdaq-100 advanced 1.4%. The broad advance came as the yield on 10-year Treasury notes, the benchmark borrowing cost in global debt markets, slipped to 1.428% from 1.459% Friday. Read our full market wrap.
What’s Coming Up
—Earnings are due from Zoom Video Communications and Switch after the close.
—IHS Markit’s U.S. manufacturing index for February, due at 9:45 a.m. ET, is expected to hold steady at 58.5, unchanged from a preliminary reading. The Institute for Supply Management’s manufacturing index for February at 10 a.m. is expected to tick up to 58.9 from 58.7 a month earlier.
—U.S. construction spending for January, due at 10 a.m., is expected to increase 0.8% from a month earlier.