Wall Street pointed toward gains early Monday, kicking off a quiet week for economic data but another full slate of corporate earnings reports.
Futures for the S&P 500 and the Dow Jones Industrial Average were both 0.4% higher before the bell.
Meat processor Tyson Foods rose 2.6% in premarket after it easily beat analysts’ profit expectations even as it fell a hair short of sales forecasts.
Shares in Spirit Airlines slid 3.5% before the bell after the budget airline came up short on Wall Street’s sales and profit targets for the quarter. The company, which hasn’t turned a full-year profit since 2019, has been in cost-cutting mode, deferring plane orders and furloughing pilots.
GameStop gave back more than 7% in early trading Monday after the so-called “meme stock” had gained nearly more than 45% in the closing days of the past week.
Later this week, Walt Disney Co., Airbnb, Anheuser-Busch and Uber issue their latest sales …