The S&P 500 futures rose 18 points or 0.62% to 2,937.00 as of 6:45 AM ET (10:45 GMT) while Dow futures gained 209 points, or 0.79%, to 26,685.0. Meanwhile tech heavy Nasdaq 100 futures increased 59 points, or 0.77%, to 7,714.25.
News of the trade deal bolstered investor sentiment as trade tensions eased.
U.S. President Donald Trump had given Canada until the end of September to agree on a deal or face being left out of the new trade agreement. The U.S. already sealed a deal with Mexico, the third NAFTA member, earlier in the month.
Tesla (NASDAQ:TSLA) was among the top gainers in premarket trading, rising 15.40% after executive Elon Musk reached a settlement with the U.S. Securities and Exchange Commision on Saturday, which allows Musk to remain as CEO.
Elsewhere, Facebook (NASDAQ:FB) was down 0.13% after the social media giant reported that an unknown number of hackers obtained access to the logins for as many as 50 million accounts. Intel (NASDAQ:INTC) fell 1.67% while Advanced Micro Devices Inc (NASDAQ:AMD) decreased 2.40%.
In Europe stocks were up. Germany’s DAX rose 66 points or 0.54% while in France the CAC 40 was up 13 points or 0.25% and in London the FTSE 100 increased 5 points or 0.07%. Meanwhile the pan-European Euro Stoxx 50 gained 13 points or 0.25% while Spain’s IBEX 35 surged 76 points or 0.82%.
In commodities, gold futures slumped 0.60% to $1,189.00 a troy ounce while crude oil futures rose 0.11% to $73.33 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, fell 0.06% to 94.74./reuters.com