5/3, 10:30 AM (Source: TeleTrader)
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US higher in premarket ahead of output updates

Equities in the United States traded higher in the premarket on Monday as the country is to see its latest results in manufacturing and construction spending. Federal Reserve Chair Jerome Powell and its New York branch President John Williams will deliver speeches on the current state of the country's economy.

Meanwhile, former Food and Drug Administration (FDA) Commissioner Scott Gottlieb noted an improvement concerning the COVID-19 pandemic in the US.

The Dow Jones Industrial Average traded 0.51% or 172 points higher at 4:30 am ET. At the same time, the Nasdaq 100 advanced by 0.25% and the S&P 500 went up by 0.47%. The euro gained 0.11% against the dollar, selling for $1.20334 at 4:25 am ET.

Breaking the News / JR