Dow futures gain ahead of public holiday

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Dow futures gain ahead of public holiday

Investing.com - U.S. stock futures were trading higher during Sunday's evening deals ahead of the Memorial Day public holiday, after major benchmark averages capped a positive week amidst ongoing debt ceiling negotiations, while closely watched PCE data came in higher than expected.

By 19:05 ET (23:05 GMT), Dow Jones futures were up 0.3%, S&P 500 futures lifted 0.4%, and Nasdaq 100 futures added 0.6%.

On the data front, investors this week will be monitoring CB consumer confidence , JOLTS job openings , ADP nonfarm employment , ISM and Markit PMIs, average hourly earnings , and nonfarm payrolls data, as well as speeches from FOMC member Bowman , Harker , and the Fed's Jefferson .

During Friday's regular session the Dow Jones Industrial Average gained 328.7 points or 1% to 33,093.3, the S&P 500 added 54.2 points or 1.3% to 4,205.5, and the Nasdaq Composite gained 277.6 points or 2.2% to 12,975.7.

On the bond markets, United States 10-Year rates were at 3.81%.

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