India, March 3 -- The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to extend the surge seen late in last Friday's session.
The markets may benefit from an early upward move by shares of Tesla (TSLA), as the electric vehicle maker is jumping by 2.9 percent in pre-market trading.
The advance by Tesla comes after Morgan Stanley's Adam Jonas named the stock his top automotive pick and said recent weakness creates an "attractive entry point."
Crypto exchanges, such as Coinbase (COIN) and Robinhood (HOOD), may also help lead the markets higher after President Donald Trump announced the creation of a strategic crypto reserve for the U.S.
Buying interest may be somewhat subdued, however, as conc...