Wall Street was set to begin May with modest gains, as investors braced for a key gauge of manufacturing activity that could offer fresh evidence on the state of the U.S. economy ahead of April jobs data due at the end of the week.
Dow Jones Industrial Average futures YMM6, +0.29% rose 52 points, or 0.3%, to 17,744, while S&P 500 futures ESM6, +0.25% inched up 7 points, or 0.3%, to 2,066. Nasdaq-100 futures NQM6, +0.01% added 12 points, or 0.3%, to 4,343.
“This could be a pivotal week,” said Kent Engelke, chief economic strategist at Capitol Securities Management Inc.
