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Stock futures were higher as investors evaluated the impact of the assassination attempt on former President Donald Trump and geared up for a big week of key corporate earnings.
Futures for the Dow Jones Industrials barreled ahead 209 points, or 0.5%, to 40,510.
Futures for the much-broader index garnered 24.75 points, or 0.4%, at 5,689.50.
Futures for the NASDAQ Composite jumped 102.5 points, or 0.5% to 20,626.50.
Traders were monitoring the latest developments with the attempted assassination of Trump, the Republican candidate for president. While the attempt had the potential to lead to more political strife in the country, investors also speculated it could lead to further gains.
The Republican National Convention will begin Monday in Milwaukee, with Trump leading President Joe Biden in national polls.
Shares of insurers Humana and UnitedHealth Group, which could benefit from less cost pressures coming from a Republican administration, gained in premarket trading
Elsewhere, investor attention is shifting to second-quarter earnings reports, which could be the catalyst to extend the market’s rally to new records this year. More than 40 S&P 500 companies report second-quarter earnings this week, including household names such as Bank of America, United Airlines and Netflix.
Results from some of the U.S. big banks that kicked off the reporting season Friday were mixed. JPMorgan and Citigroup both topped Wall Street expectations for earnings and revenue, while Wells Fargo’s decline in net interest income disappointed investors.
Investors will also follow remarks from Federal Reserve Chair Jerome Powell at the Economic Club of Washington, D.C. at 12:30 p.m. ET.
In Hong Kong, the Hang Seng in Hong Kong faltered 1.5%. Japanese markets were shuttered for public holiday.
Oil prices ducked 23 cents to $81.98 U.S. a barrel.
Gold prices stepped forward $3.70 to $2,424.40
