07:16 AM EST, 03/03/2025 (MT Newswires) -- The benchmark US stock measures were pointing higher before the opening bell Monday as investors keep an eye out for updates on President Donald Trump's tariff plan.

Standard & Poor's 500 rose 0.4%, the Dow Jones Industrial Average increased 0.2% and the Nasdaq added 0.5% in premarket activity. The majority of Asian exchanges were trending upwards while European bourses were tracking in the green.

Trump's tariff plan targeting Canada and Mexico is scheduled to take effect on March 4. The current situation is "fluid" and Trump will determine the level of tariffs, US Commerce Secretary Howard Lutnick reportedly said Sunday.

Shares of Strategy (MSTR), formerly known as MicroStrategy ( MSTR ), jumped 12% pre-bell while Coinbase Global ( COIN ) climbed 9.6%. Tesla (TSLA) gained 2.5% while Nvidia ( NVDA ) was down 1%.

TG Therapeutics ( TGTX ) , California Resources ( CRC ) , Burford Capital ( BUR ) , Surgery Partners ( SGRY ) and Nomad Foods ( NOMD ) report their latest financial results before the bell, among others. Okta ( OKTA ) , GitLab ( GTLB ) and NuScale Power ( SMR ) post earnings after the markets close.

On the economic calendar, the final purchasing managers' manufacturing index for February is out at 9:45 am ET, followed by the Institute for Supply Management's manufacturing index for the same month at 10 am. The construction spending report for January is also due at 10 am.

Federal Reserve Bank of St. Louis President Alberto Musalem is scheduled to speak at 11:35 am.

Before the opening bell, bitcoin declined 1.7% to $92,533, West Texas Intermediate crude oil nudged 0.1% higher to $69.81 a barrel, yields on 10-year Treasuries inclined 2.5 basis points to 4.25% and gold rose 1.2% to $2,883 an ounce.