U.S. stock index futures were indicated higher early Monday as the Dow Jones industrial average looked poised for another record high.
Nasdaq 100 futures were up 0.6%, while S&P 500 and Dow Jones industrial average futures added 0.3%.
Dow component Boeing (BA) rose 1% after saying at the Paris Air Show that it expects to get over 240 orders worth a total of more than $30 billion for its new 737 Max 10.
Early movers included Clovis Oncology (CLVS). Shares soared 34% to 80.25 after the company revealed positive late-stage data for its ovarian cancer drug Rubraca.
Elsewhere, Valeant Pharmaceuticals (VRX) jumped 5% after hedge fund manager John Paulson was elected to the company’s board of directors. According to FactSet, Paulson is Valeant’s largest shareholder with a 5.6% stake.
Overseas markets were also higher. In Europe, the major averages rose as Brexit talks were set to begin and after new French President Emmanuel Macron’s centrist party decisively won parliamentary elections. The U.K.’s FTSE climbed 0.5%, Germany’s Dax 0.8% and France’s CAC-40 0.9%.
In Asia, Japan’s Nikkei climbed 0.6% and China’s Shanghai composite gained 0.7%.
At the New York Mercantile Exchange, U.S. crude oil added 0.6% to $45.03 a barrel. The 10-year Treasury yield was flat at 2.15%.