US stocks are expected to open higher on Monday.
On Sunday evening, Dow Jones Industrial Average futures gained 82 points, up 0.3%, while S&P 500 futures gained 0.4% and Nasdaq Composite futures rose 0, 7%.
Crude oil futures (West Texas Intermediate) rose 0.6% to $111.23 a barrel after closing Friday at $110.18 a barrel. Gasoline hit a new high of $4.474 a gallon on Sunday, according to GasBuddy.
Earnings this week include: Take-Two Interactive Software and Tower Semiconductor Monday; Agilysis, Home Depot, JD.com, Keysight Technologies and Walmart on Tuesday; Analog Devices, Bath & Body Works, Cisco Systems, Lowe’s, Synopsys, Target and TJX on Wednesday; Applied Materials, BJ’s Wholesale Club, Kohl’s, Palo Alto Networks, Ross Stores and VF Corp. Thursday; and Deere and Foot Locker Friday.
Highlights of this week’s economic data include: On Monday, the Federal Reserve Bank of New York releases the Empire State Manufacturing Survey for the month of May. On Tuesday, the Census Bureau releases retail sales data for April and the National Association of Home Builders releases its housing market index for May. On Wednesday, the Census Bureau reported new homebuilding data for April. On Thursday, the Conference Board releases its main economic index for April and the National Association of Realtors releases existing home sales for April.
Write to Janet H. Cho at [email protected]