Following the rally seen last Friday, stocks are likely to see further upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
Stocks may continue to benefit from optimism about the outlook for interest rates following last Friday's weaker than expected reading on service sector activity.
Indications that China is finally reopening following the latest Covid-19 wave may also contribute to continued buying interest.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.