India, March 3 -- Stocks are likely to move to the upside in early trading on Monday, extending the surge seen late in last Friday's session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
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 st...