Gains may be tempered by escalating violence in the Middle East between Israel and Palestinian group Hamas. Oil prices have been ticking up amid growing concern about a possible ground war in Gaza.
Crude oil for January delivery rose 1.3% to $88.02 a barrel. Brent crude -- Europe's benchmark -- gained 1.2% to $110.28 a barrel.
Trading could be choppy this week as investors try to position themselves ahead of the Thanksgiving holiday. Markets will be closed Thursday and have a shortened day Friday.
U.S. stocks ended with slight gains Friday.
Economy: The National Association of Realtors will release data on existing home sales for October at 10 a.m. ET.
Companies: Shares of Lowe's (Fortune 500) rose in premarket trading after the home improvement retailer reported better-than-expected earnings of 40 cents a share on sales of $12.1 billion. , Nokia ( shares jumped 3% on reports that its Lumia 920 sold out in Germany, and shares of )Best Buy (Fortune 500) jumped on a report that the retailer might consider a lower buyout bid from founder Richard Schulze. ,
Shares of Lions Gate Entertainment ( and a number of movie theater chains, including )Regal Entertainment Group (, )Cinemark Holdings ( and )Carmike Cinemas (, could get a lift from a the $141.3 million opening weekend for " )Twilight: Breaking Dawn Part 2." It's the fourth movie this year to open above the $140 million mark.
Gold futures for December delivery gained $8.90 to $1,723.60 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury fell, lifting the yield to 1.61% from 1.57% late Friday.
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.41%||4.44%|
|15 yr fixed||3.33%||3.31%|
|30 yr refi||4.39%||4.41%|
|15 yr refi||3.31%||3.30%|
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