From Bloomberg

• "US equity futures shrugged off downbeat performances in other key markets as traders prepared for a slate of interest-rate decisions by major central banks due later this week. Bitcoin hit a fresh record.

• Nasdaq 100 contracts rose 0.3%, pointing toward further gains after the index closed at an all-time high on Friday. MicroStrategy Inc. advanced more than 6% in premarket trading, fueled by its pending inclusion in the tech-heavy gauge following the software maker’s transformation into a leveraged bet on Bitcoin. S&P 500 futures gained 0.2%.

• Monday’s US stock performance stands in contrast with losses in Asia and Europe as weaker-than-expected retail data in China weighed on sentiment. A contraction in the euro-area’s private sector also dragged on European equities.

• An expected quarter-point rate cut from the Federal Reserve on Wednesday could add fresh support and extend US stocks’ outperformance. The S&P 500 has rallied 27% so far in 2024, with strategist expecting the rally to build further steam in anticipation of favorable economic policies under President-elect Donald Trump and strong earnings.

• “Central banks have been helpful in 2024 as they start cutting interest rates when the economy was still strong,” Marija Veitmane, senior multi-asset strategist at State Street Global Equities, told Bloomberg TV. Going forward, “what we need to rely on is earnings and where they can grow the fastest. In the US, we can still see solid growth.”"