Wall Street was set to kick off a holiday-shortened week with gains early today, according to the Associated Press, as markets digested an assortment of corporate news while waiting for a trove of labor market data. Futures for the S&P 500 and the Dow Jones Industrial Average each rose about 0.2% before the bell.
Boeing shares were little changed after the aerospace giant announced that it was buying troubled supplier Spirit AeroSystems for $4.7 billion.
Meta shares inched up less than 0.1% before the bell.
Online pet store Chewy jumped more than 11% in premarket after Keith Gill — also known as “Roaring Kitty,” the individual at the center of the meme stock craze — disclosed in an SEC filing that he is now the company’s third-largest shareholder.
Later this week, the Labor Department will report on job openings, layoffs, and the broader employment picture. Markets will be closed Thursday for the Fourth of July holiday.
In other dealings, benchmark U.S. crude rose 46 cents to $82 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, added 53 cents to $85.53 a barrel.
The dollar surged further against the Japanese yen and was trading early Monday at 161.26 yen, up from 160.80 yen late Friday.
