07:12 AM EST, 01/06/2025 (MT Newswires) -- The benchmark US stock measures were pointing higher before the opening bell Monday as traders await fresh labor market data later in the week.

Standard & Poor's 500 increased 0.7%, the Dow Jones Industrial Average rose 0.3% and the Nasdaq added 1% in premarket activity. The majority of Asian exchanges were tracking in the red, while most European bourses were trending upwards midday on the continent.

The Job Openings and Labor Turnover Survey for November posts on Tuesday, followed by the ADP Employment report for December on Wednesday. The Challenger Job Cut data for December is out Thursday, while the government's nonfarm payroll data for the same month is scheduled to be released on Friday.

Monday's economic calendar has the December purchasing managers' index composite final report from S&P Global ( SPGI ) at 9:45 am ET, followed by the factory orders report for November at 10 am. Federal Reserve Governor Lisa Cook is scheduled to speak at 9:15 am.

US markets will close on Thursday to mourn the passing of former President Jimmy Carter.

Shares of Rivian Automotive ( RIVN ) nudged up 0.1% pre-bell after closing the previous session up 24% as the automaker's fourth-quarter vehicle deliveries topped market estimates. Nvidia ( NVDA ) inclined 2.1% while Advanced Micro Devices ( AMD ) climbed 2.9%.

Commercial Metals ( CMC ) reports its latest financial results before the bell.

Before the open, bitcoin increased 0.9% to $99,182, West Texas Intermediate crude oil gained 0.3% to $74.21 a barrel, yields on 10-year Treasuries slipped 0.3 basis points to 4.59% and gold rose 0.2% to $2,660 an ounce.