–US stock futures advanced, along with bond yields and oil prices, as investors bet that a new round of stimulus spending would strengthen the economy.
—Futures linked to the S&P 500 rose 0.4% after the benchmark indicator registered its biggest gain of a week since November and closed on Friday with the all-time high. Futures for the Nasdaq-100, a heavy technology and for the Dow Jones industrial average, added 0.5%. Read our full market summary here.
What’s going on?
–Gains are due of Simon Property Group, Take-Two Interactive Software and KKR after closing.
Market Movers to Watch
—Tesla shares gained 2.2% premarket after it revealed it bought Bitcoin worth $ 1.5 billion. He also said he hopes to start accepting cryptocurrency as a form of payment. The same price of bitcoin jumped about 13%.
–ICar may have to wait. Apple’s talks with Hyundai Motor Group have not resulted in an agreement for the South Korean car giant to assemble vehicles for the iPhone company. Shares of Apple advanced 0.1% ahead of the bell.