07:23 AM EDT, 09/08/2025 (MT Newswires) -- The benchmark US stock measures were tracking in the green before Monday's opening bell as traders await a key inflation report scheduled to be released later in the week.
The S&P 500 rose 0.3%, the Dow Jones Industrial Average gained 0.2% and the Nasdaq added 0.4% in premarket activity. The indexes finished Friday's trading session lower.
With no major economic reports scheduled for Monday, investors' focus will be on the producer price index report for August on Wednesday, followed by the consumer price index for the same month on Thursday.
Last month, the Bureau of Labor Statistics reported that consumer inflation in the world's largest economy slowed down in July on a sequential basis, while the annual core rate jumped above 3%. Producer prices rose at the fastest pace in about three years in July, according to official data released in August.
On Friday, the BLS reported that the US added fewer jobs than projected last month as the unemployment rate ticked up, indicating a further slowdown in the labor market that prompted some market participants to bet on a bigger interest rate cut by the Federal Reserve next week.
The odds of a 25-basis-point rate cut on Sept. 17 were at 90% on Monday, while Fed funds futures priced in a 9.9% chance for a reduction by half a percentage point, according to the CME FedWatch tool.
Treasury yields were down in premarket action, with the two-year rate retreating 0.8 basis points to almost 3.5% and the 10-year rate nudging 0.2 basis points lower to 4.08%.
Tesla (TSLA) inclined 1.6% pre-bell after closing the previous trading session up 3.6%. The electric vehicle maker's board proposed a new compensation package potentially worth around $1 trillion for Chief Executive Elon Musk that would boost his voting power in the company.
EchoStar ( SATS ) surged 38% as the company agreed to sell its AWS-4 and H-block spectrum licenses to SpaceX for about $17 billion. Shares of Robinhood Markets ( HOOD ) and AppLovin ( APP ) jumped more than 7% early Monday as the two companies are set to join the S&P 500 on Sept. 22. Summit Therapeutics ( SMMT ) dropped 21%.
Oracle (ORCL), Adobe (ADBE), Synopsys ( SNPS ) and Kroger ( KR ) are some of the major companies reporting their latest financial results later this week. Caseys General Stores ( CASY ) is expected to post its earnings after the markets close Monday.
West Texas Intermediate crude oil advanced 2.1% to $63.13 a barrel before the open. Gold inched 0.1% higher to $3,657 per troy ounce, while bitcoin traded up 0.8% at $112,118.