07:10 AM EDT, 07/01/2024 (MT Newswires) -- The benchmark US stock measures were pointing higher before Monday's opening bell, as investors prepare for the release of fresh labor market data later in the week.

Standard & Poor's 500 futures and the Dow Jones Industrial Average increased 0.1% each in premarket activity, while the Nasdaq was slightly in the green. The majority of Asian exchanges were trending upwards, while European bourses were tracking north midday on the continent.

Traders await the Job Openings and Labor Turnover Survey for May on Tuesday, while the ADP Employment and Challenger Job Cut reports, both for June, are out Wednesday. The government's nonfarm payrolls data for last month is scheduled to be released on Friday.

On Monday's economic calendar, the June purchasing managers' index for manufacturing from S&P Global posts at 9:45 am ET, along with the Institute for Supply Management's manufacturing index for the same month at 10 am. The construction spending report for May is out at 10 am.

Shares of Spirit AeroSystems (SPR) jumped 5.2% pre-bell after the aerospace parts maker agreed to be acquired by aircraft manufacturer Boeing (BA) in an $8.3 billion all-stock deal, including debt. Nvidia (NVDA) was down 1.7%, while BlackRock (BLK) edged up 0.3% after striking a deal for private markets data provider Preqin.

US markets will be closed on Thursday for the Independence Day holiday, reopening on Friday.

Before the open, bitcoin rose 1.3% to $62,745, West Texas Intermediate crude oil gained 0.5% to $81.98 a barrel, yields on 10-year Treasuries advanced 6.9 basis points to 4.412% and gold inched 0.1% higher to $2,341 an ounce.