07:37 AM EDT, 09/29/2025 (MT Newswires) -- The benchmark US stock measures were tracking in the green before Monday's opening bell as investors weighed the possibility of a government shutdown, which could delay the release of this week's key nonfarm payrolls report.

The S&P 500 rose 0.5%, the Dow Jones Industrial Average gained 0.4% and the Nasdaq added 0.7% in premarket activity. The indexes finished Friday's trading session higher, snapping a three-day losing streak.

The US government is facing a partial shutdown beginning Wednesday unless Republicans and Democrats can agree on a spending bill, according to various media reports. President Donald Trump is expected to meet the top four congressional leaders at the White House on Monday to avoid a shutdown.

Fresh labor market data is scheduled to be released later this week, including the government's nonfarm payroll data for September on Friday. A potential shutdown has raised questions over whether the government will release the closely watched jobs report, according to media publications.

Treasury yields were down in premarket action, with the two-year rate retreating 2 basis points to 3.63% and the 10-year rate declining 4.2 basis points to 4.15%.

On Friday, government data showed consumer spending accelerated in August at the fastest pace since March, while the Federal Reserve's preferred inflation metric held steady on an annual basis. Separately, final survey results from the University of Michigan showed consumer sentiment dropped in September amid concerns regarding the prospects of higher inflation and labor market deterioration.

Monday's economic calendar has the pending home sales index for August at 10 am ET, followed by the Dallas Fed manufacturing survey for the current month at 10:30 am.

Fed Governor Christopher Waller is slated to speak at 7:30 am, while Cleveland Fed President Beth Hammack speaks at 8 am. Remarks from New York Fed President John Williams and St. Louis Fed President Alberto Musalem are both due at 1:30 pm, while Atlanta Fed President Raphael Bostic speaks at 6 pm.

Richmond Fed President Tom Barkin said Friday that downside risks to employment will likely be limited, while factors including productivity growth would help contain upward pressure on inflation. Separately, Fed Vice Chair for Supervision Michelle Bowman on Friday reiterated that policymakers are at a "serious risk of already being behind the curve" in addressing a weakening labor market.

Electronic Arts ( EA ) edged down 0.2% pre-bell after closing the previous trading session up 15% amid media speculation that the videogame publisher is nearing a roughly $50 billion deal to go private. Tilray Brands ( TLRY ) climbed 20%.

Carnival (CCL, CUK) reports its latest financial results before the bell, while Jefferies Financial ( JEF ) , Vail Resorts ( MTN ) and Progress Software ( PRGS ) post earnings after the markets close. Sportswear giant Nike ( NKE ) releases its quarterly results on Tuesday.

West Texas Intermediate crude oil dropped 1.9% to $64.49 a barrel before the open. Gold advanced 0.8% to $3,847 per troy ounce, while bitcoin increased 1.7% to $112,169.