Wall Street was on track to open with gains on Monday following Friday’s sell-off that was triggered by fears of a slowing economy after the government released some grim data on U.S. job growth.
Futures for the S&P 500 and the Dow Jones Industrial Average both rose 0.5% before the bell. Nasdaq futures climbed 0.7%.
After a jam-packed calendar of economic indicators last week, there are far fewer newsworthy releases this week. However, earnings season is still in high gear, with big names companies such as The Walt Disney Co., McDonald’s and Caterpillar all reporting in the coming days.
Boeing shares were largely unchanged early Monday after workers who build fighter jets for the troubled aerospace giant went on strike overnight.
About 3,200 workers at Boeing facilities in the Midwest