Wall Street pointed toward gains early today, according to the Associated Press, kicking off a quiet week for economic data but another full slate of corporate earnings reports. Futures for the S&P 500 and the Dow Jones Industrial Average were both 0.4% higher before the bell.
Meat processor Tyson Foods rose 2.6% in the premarket after it easily beat analysts’ profit expectations, even as it fell a hair short of sales forecasts.
Shares in Spirit Airlines slid 3.5% before the bell after the budget airline came up short on Wall Street’s sales and profit targets for the quarter.
GameStop gave back more than 7% in early trading today after gaining roughly 45% in the closing days of the past week.
Early this morning, benchmark U.S. crude rose 62 cents to $78.73 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, climbed 52 cents to $84.48 per barrel.
The dollar bought 153.52 yen early Monday, down from 152.90 yen.
