Investing.com – U.S. futures were higher on Monday, as investors remained confident after Friday’s upbeat jobs report.
The S&P 500 futures was up over nine points or 0.36% to 2,743.50 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 132 points or 0.54% to 24,761.0. Meanwhile tech heavy Nasdaq 100 futures rose 28 points or 0.41% to 7,111.75.
Wall Street closed higher on Friday after data showed that the economy added more jobs than expected. Nonfarm payrolls rose by 223,000 in May, according to official data.
Traders shrugged off global trade tensions. Finance ministers from Canada, France, Germany, Italy, Japan and the UK issued a rebuke on Saturday to the U.S. after President Donald Trump went ahead with planned tariffs on metal imports from many U.S. allies.
Trade tensions with China also lingered, as Chinese officials warned the U.S. that any agreements reached between the two will be voided if the U.S. implements trade tariffs.
Brewing company Anheuser Busch Inbev (BR:ABI) NV ADR (NYSE:BUD) was among the top gainers in pre-market trading, rising 3.97% while Nokia (HE:NOKIA) Corp ADR (NYSE:NOK) (HE:NOKIA) gained 1.37% and Chinese e-commerce giant Alibaba (NYSE:BABA) was up 0.54%.
Elsewhere Facebook (NASDAQ:FB) dipped 1.03% after the New York Times reported that the social media site had shared data with over 60 different hardware companies, including Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Samsung (KS:005930), over the past 10 years. Meanwhile semiconductor Micron Technology Inc (NASDAQ:MU) inched down 0.07% while chemical firm DowDuPont Inc (NYSE:DWDP) fell 1.28%.
In economic news, April factory orders data is out at 10:00 AM ET (14:00 GMT).
In Europe stocks were up. Germany’s DAX rose 20 points or 0.16% while in France the CAC 40 increased 19 points or 0.36% and in London, the FTSE 100 was up 64 points or 0.84%. Meanwhile the pan-European Euro Stoxx 50 gained 27 points or 0.79% while Spain’s IBEX 35 rallied 174 points or 1.81%.
In commodities, gold futures were down 0.09% to $1,298.10 a troy ounce while crude oil futures fell 0.61% to $65.41 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, fell 0.42% to 93.76.