The benchmark US stock measures were mostly pointing lower before the opening bell Monday as traders await the latest key inflation data later in the week. The Standard & Poor's 500 edged down 0.1% and the Nasdaq decreased 0.3%, while the Dow Jones Industrial Average was up 0.1% in premarket activity.
Most Asian and European exchanges were trending upwards. Investors are looking forward to the consumer price index for November on Wednesday, followed by the producer price index for the same month on Thursday. Monday's thin economic calendar includes the preliminary wholesale inventories report for October at 10 am ET.
Tesla's shares rose 1.6% pre-bell while Palantir Technologies advanced 6.5%. Super Micro Computer gained 5.5%, and Alibaba's US-listed stock rose by 6.7%. Oracle, MongoDB, Casey's General Stores, Toll Brothers, Vail Resorts, C3.ai, and Braze are set to report their latest financial results in the after-hours, among others.
Before the market opens, bitcoin declined 1.9% to $98,093. West Texas Intermediate crude oil grew 1.3% to $68.05 a barrel, yields on 10-year Treasuries inclined 1.1 basis points to 4.16%, and gold moved 0.7% higher to $2,678 an ounce..