Markets were poised for a positive start on Monday as investors look to avoid any June gloom.
Here are 4 things you need to know before the bell:
Over the past month, the Nasdaq surged by just over 3%, the S&P 500 rose by 2.1% and the Dow added 0.8%.
Since the start of the year, the Nasdaq has had a bumpy ride but the Dow and S&P have pushed higher in four of the last five months.
The main market mover Monday was Salesforce.com (. Shares were rising ahead of the opening bell. Last week the company announced a strategic partnership with )Microsoft (. )
2. Positive data from China: A reading of manufacturing activity in China released over the weekend showed the country's factory sector continued to strengthen after a rough start to the year.
3. Economic data and earnings: The U.S. government will release data on April construction spending at 10 a.m. ET. The ISM index, which measures the manufacturing industry each month, will be published at the same time.
Hertz Global (, )Krispy Kreme ( and )Quicksilver ( will report earnings after the closing bell. )
The main stock market index in Spain was rising by roughly 0.6%, with investors unfazed by news that King Juan Carlos is abdicating. Markets were more interested in weekend news of an economic stimulus package, including a cut in the corporate tax rate to 25% from 30%.