• U.S. stock futures edged up and bond yields crept lower as investors grew more comfortable with the inflation outlook and the pace of the economic recovery.
• Futures tied to the S&P 500 added 0.6%, pointing to a positive start to the week after the broad-market index fell moderately for two weeks in a row. Nasdaq-100 futures rose 0.8%, suggesting gains for technology stocks after the opening bell. Read our full market wrap here.
• Bitcoin regained some ground after touching multi-month lows Sunday and traded around $37,750, a 7% rise from Friday at 5 p.m. ET.

What’s Coming Up

• Earnings are due from

  America’s Car-Mart

  CRMT 1.96%

  and

  Lordstown Motors

  RIDE 0.94%

  after the close.

• An online conference hosted by CoinDesk starts Monday. Federal Reserve governor

  Lael Brainard

  speaks on digital currencies at 9 a.m. ET

Market Movers to Watch

• Virgin Galactic

  SPCE 27.62%

  shares soared 20% premarket. The space-travel company said it completed the first human space flight from New Mexico on Saturday.

• Moderna

  MRNA 1.68%

  shares added 1.5% ahead of the bell. Over the weekend it reached an agreement with

  Samsung Biologics

  to produce Moderna’s Covid-19 vaccine.

• Cabot Oil & Gas

  COG -6.79%

  and

  Cimarex Energy

  XEC -7.09%

  said they would combine in a merger of equals. Shares of both companies slipped 2% premarket.

• AMC Entertainment

  AMC 13.25%

  shares gained 1.7% premarket. The movie-theater chain’s largest shareholder, China’s Dalian Wanda Group, has sold most of its shares, according to a securities filing on Friday.

• Nvidia

  NVDA 4.14%

  shares rose 1.1% premarket. The chip maker on Friday proposed a 1-for-4 stock split, the biggest in its history.

• Target Hospitality

  TH 1.38%

  shares jumped 4.1% premarket after the provider of rental accommodations and catering services reported quarterly earnings and raised its outlook for the year.

• Apple

  AAPL 1.33%

  shares edged up 0.7% premarket. Epic Games’ courtroom battle against Apple is expected to end Monday with a debate-style format in which the judge will drill each side with questions about their cases.

• Splunk

  SPLK 1.39%

  shares rose 1.2% premarket.

  UBS

  on Friday lifted its rating of the cloud-software company’s stock from sell to neutral, though it also cut its price target.

Market Facts

• Investors that held on to footwear-and-apparel company VF Corp. shares for the past 10 years have seen total shareholder returns of almost 390%, more than seven times a basket of peers.
• The median existing-home price rose to $341,600 in April, the highest on record, the National Association of Realtors said Friday. The annual price appreciation of more than 19% was the strongest in data going back to 1999.

Chart of the Day

• Sales of collateralized loan obligations, securities backed by bundles of risky corporate loans, are hitting records, lifted by a recovering economy and demand from yield-starved investors.

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