Wall Street is poised for a slight rise at the open, following a market holiday on Friday, and investors can finally reaction to the March jobs report.
The Labor Department reported Friday that nonfarm payrolls rose by 162,000 last month and the unemployment rate remained steady at 9.7 percent.
Stock index futures moved higher at that time and remain so Monday morning.
Among Monday’s economic reports: the latest read on the U.S. services economy, as the Institute For Supply Management releases its nonmanufacturing index at 10 am New York time. At the same time, there will be February figures on pending home sales. The Treasury also has an auction of 10-year Treasury Inflation Protected Securities (TIPS), with results available shortly after 1 pm.
Investors will be keeping watch on the crude oil markets, as crude rose to its highest level since October 2008. That follows that March jobs report, which saw job creation take place at its fastest rate in three years.
A similar reaction in the currency markets saw the dollar touch a 7-month high against the yen before easing back. The primary area of discussion in the currency markets is the reaction -- or lack thereof -- to the Obama administration's delay of a currency report that could have labeled Beijing a "currency manipulator." There's no official reaction from China as yet, with today marking a public holiday.
Warren Buffett's Berkshire Hathaway has topped a list of best-regarded U.S. companies in a Reuters survey. Also notable is the rise of Ford Motor to 37th on the list from 51st a year earlier.
- Written by Peter Schacknow, Senior Producer, CNBC Breaking News Desk.