Wall Street is poised to kick off the holiday-shortened trading week with gains Monday after a bumpy ride last week.

Futures for the S&P 500 rose 0.5% before the bell, while futures for the Dow Jones Industrial Average ticked up 0.2%. Nasdaq futures are up 0.7%.

This week, U.S. markets will be closed Thursday for the Thanksgiving holiday. A day later, it's on to the rush of Black Friday and Cyber Monday.

After last week’s ups and downs over AI and Nvidia, traders will focus more on “the backbone of U.S. growth, the consumer, whose spending still drives two-thirds of GDP,” Stephen Innes of SPI Asset Management said in a commentary.

Data on the U.S. economy was scarce during the 6-week U.S. government shutdown, leaving investors struggling to parse trends in the economy.

“This makes any

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