US equity futures saw a positive uptick before the market opening on Monday, as traders anticipated the upcoming consumer inflation data scheduled for release later this week, coinciding with the Veterans Day holiday in the United States. The Dow Jones Industrial Average futures increased by 0.4%, while S&P 500 futures appreciated by 0.3%.
Additionally, Nasdaq futures experienced a similar rise of 0.3%. The Consumer Price Index is set to be unveiled this Wednesday, providing insights into inflation trends. In the oil market, prices declined, with the global benchmark North Sea Brent crude falling by 2.3% to $72.17 per barrel, and US West Texas Intermediate crude dipping 2.6% to $68.58 per barrel.
No other significant economic data is expected for release on this Monday. In the global market scene, Japan's Nikkei index concluded the day slightly higher by 0.08%, whereas Hong Kong's Hang Seng index fell by 1.5%. China's Shanghai Composite index managed a gain of 0.5%. On the European front, the UK's FTSE 100 rose by 0.8%, while Germany's DAX index posted a notable increase of 1.6% during the early afternoon session.
In the realm of equities, shares of Tesla reported a robust pre-market performance, climbing 7% as a reaction to the recent victory of President-elect Donald Trump. Conversely, shares of Sapiens experienced a significant downturn of 23% following the release of Q3 revenue figures that did not meet analyst expectations..