09:01 AM EDT, 08/04/2025 (MT Newswires) -- US equity futures were up ahead of Monday's opening bell, rebounding from losses in the previous session fueled by Friday's soft jobs report.

Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.8% higher.

Major equity benchmarks closed lower Friday after data from the Bureau of Labor Statistics showed total nonfarm payrolls rose by 73,000 in July, well below estimates compiled by Bloomberg for a 104,000 increase.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 2% at $68.25 per barrel and US West Texas Intermediate crude 2.4% lower at $65.73 per barrel.

The US factory orders bulletin, scheduled for release at 10 am ET, is expected to show a 4.9% decrease in orders for June following an 8.2% increase in the previous month, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 1.3% lower, Hong Kong's Hang Seng ended 0.9% higher, and China's Shanghai Composite finished 0.7% higher. Germany's DAX index was up 1.5% in Europe's early afternoon session, while France CAC 40 was up 0.9%.

In equities, Steelcase ( SCS ) jumped 47% pre-bell after the company agreed to a $2.2 billion takeover by HNI (HNI). CommScope ( COMM ) shares were 76% higher after the company reported higher Q2 adjusted earnings and revenue and after Amphenol ( APH ) said it agreed to buy CommScope's ( COMM ) CCS business for $10.5 billion in cash.

On the losing side, HNI was down 18% after the company agreed to acquire Steelcase ( SCS ) for $2.2 billion.