Stocks: 3 things to know before the open

premarkets November 24 update
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Yee-haw! Investors keep pushing stock markets to record highs and it looks like last week's enthusiasm has carried into this week.

Here are the three things you need to know before the opening bell rings in New York:

1. Up, up and away: U.S. stock futures are edging up and most international markets are jumping.

Investors seem to be in a giddy mood after China's central bank surprised the markets with a rate cut Friday and the European Central Bank hinted that it may take emergency action to support the region's economy.

The main stock market indexes in Shanghai and Hong Kong both surged by nearly 2%, and most other major indexes in Asia and Europe were rising Monday.

Related: China is not finished with rate cuts

2. Upbeat German data: A new report on business sentiment in Germany gave investors another reason to cheer.

Germany's Ifo Business Climate Index inched up in November, following six consecutive months of declines. The report showed manufacturers, retailers, wholesalers and construction firms were all feeling more optimistic about their business prospects.

Related: Fear & Greed Index

3. Iran gets deadline extension: Monday was supposed to be the deadline for Iran to reach a deal with the U.S. and other world powers about the future of its nuclear development program. However, a deadline extension has now been granted.

Iran has faced long-running sanctions over its nuclear program, with world leaders accusing the nation of developing nuclear weapons, though the country has maintained that it's focusing on power generation.

A source tells CNN the new deadline for a final agreement is July 1, 2015.

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