Wall Street Gains in Premarket Trading

As the New York Stock Exchange prepares for a shortened trading week, major stock equities showed an upward trend in premarket trading on Monday. This comes as the market anticipates key economic data releases and pauses to honor the late President Jimmy Carter.

Economic Data Awaited

Investors are keenly awaiting updates on the U.S. services and manufacturing sectors, set to be released after the market opens. These updates are expected to shed light on the current state of the American economy.

Market Movements

The Dow Jones Industrial Average saw a rise of 0.8%, while the Nasdaq 100 and the S&P 500 increased by 0.57% and 0.33% respectively at 4:21 am ET. Additionally, the euro strengthened against the dollar, trading at 1.03614, up by 0.53%.