U.S. stock futures rose Monday as a packed week kicked off, with congressional midterm elections and key inflation data on deck over the next few days.
Futures for the Dow Jones Industrials climbed 156 points, or 0.5%, to 32,584.
Futures for the S&P 500 picked up 16.5 points, or 0.4%, to 3,796.
Futures for the NASDAQ Composite jumped 43.25 points, or 0.4%, to 10,933.50.
Those gains came even as Apple fell 1% after the tech company said iPhone production has been temporarily reduced because of COVID-19 restrictions in China.
Tuesday's midterm election will determine which party will control Congress, and impact the direction of future spending. Democrats currently control the House, and have a majority in the Senate. A Republican sweep could signal greater support of oil and gas companies.
On the economic front, investors are anticipating Thursday's CPI report will give further insight into the Federal Reserve's efforts to squash inflation. A hot inflation report could signal to investors that a pivot from higher interest rates, for longer, could be further away than expected.
Elsewhere, several companies are expected to report Monday including Palantir Technologies, Activision Blizzard, Lyft and Take-Two Interactive.
Corporate earnings season is winding down with a majority of companies in the S&P 500 having reported results.
In Japan, the Nikkei 225 gained 1.2%, while in Hong Kong, the Hang Seng Index sprinted 2.7% Friday.
Oil prices dipped 90 cents to $91.71 U.S. a barrel.
Gold prices added two dollars to $1,678.60 U.S. an ounce.