Pre-open movers

U.S. stock futures traded slightly lower in early pre-market trade on Monday after the Dow Jones jumped more than 300 points in the previous session. Investors are awaiting earnings results from Global Payments Inc. (NYSE: GPN), The Mosaic Company (NYSE: MOS), Activision Blizzard, Inc. (NASDAQ: ATVI) and ON Semiconductor Corporation (NASDAQ: ON).

The manufacturing PMI for July is scheduled for release at 9:45 a.m. ET. The ISM manufacturing index and data on construction spending will be released at 10:00 a.m. ET.

ISM Manufacturing Index Might Decline Further To This Level In July, Here Are The Major Macro Issues For Monday

Futures for the Dow Jones Industrial Average dropped 53 points to 32,772.00 while the Standard & Poor’s 500 index futures fell 11.25 points to 4,122.25. Futures for the Nasdaq index fell 37.75 points to 12,933.75.

Oil prices traded lower as Brent crude futures fell 1.3% to trade at $102.63 per barrel, while US WTI crude futures fell 2% to trade at $96.65 a barrel. The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.

The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 93,082,190 with around 1,055,050 deaths. India reported a …

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