Stocks: 5 things to know before the open

premarket stocks trading
Click chart for in-depth premarket data.

Stock markets are looking perky this morning but oil is a whole different story.

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

1. Stocks up, oil down: U.S. stock futures are climbing higher, indicating markets could have a positive start to the week. European stock markets are all rising, with the DAX in Germany up by more than 1%.

The broadly positive indications from the stock market contrast with the falling price of oil. Crude futures in the U.S. are trading around $47 per barrel, down 2%.

The price of crude has more than halved over the past few months, piling pressure on the oil industry and many producer nations.

Related: Fear & Greed Index

2. Market movers: Shares in companies owned by Hong Kong tycoon Li Ka-Shing soared Monday after he announced plans to reorganize his massive empire.

Property firm Cheung Kong (CHEUF) jumped nearly 15%, while investment holding firm Hutchison Whampoa (HUWHF) climbed almost 13% in Hong Kong trading. Both are owned by Li, 86, worth an estimated $33 billion, according to the Hurun report.

A big takeover is also attracting attention Monday.

Drugmaker Shire (SHPG) announced Sunday it had agreed to buy U.S. biotech firm NPS Pharma (NPSP) for $5.2 billion. The all-cash deal valued NPS at $46 per share.

NPS stock closed on Friday at $41.91, so it's expected to pop at the open.

Shares in Shire were edging slightly lower.

3. Earnings season: This week sees the start of earnings season, when a deluge of quarterly reports hit the market. A key company reporting earnings Monday is Alcoa (AA).

Big banks like Bank of America (BAC), Citigroup (C), Goldman Sachs (GS) and JPMorgan Chase (JPM) will report later in the week.

Related: Get ready for a tale of two earnings seasons

4. Golden moments for Amazon and Netflix: The Golden Globe awards over the weekend were the latest affirmation of the growing role of players such as Amazon (AMZN) and Netflix (NFLX) in television.

Amazon's comedic television series "Transparent" picked up two Golden Globe awards, beating shows from HBO, Netflix and The CW Network.

Netflix star Kevin Spacey also earned an award for his acting in the show, "House of Cards."

Related: CNNMoney's Tech30

5. Friday market recap: The Dow Jones industrial average ended Friday down by almost 1% or 170 points, while the S&P 500 dropped by 0.8% and the Nasdaq fell by 0.7%, ending a week of erratic market moves.

The falls occurred despite a strong U.S. jobs report, which showed that 2014 was the country's best year for job growth in more than a decade.

CNNMoney Sponsors