Investing.com

US stock futures edged higher Monday, starting the new week on a relatively positive tone ahead of a Federal Reserve policy meeting, expected to ease monetary conditions.

Premarket US Stock Movers:

• MicroStrategy (NASDAQ:MSTR) stock rose 3.6% as investors welcomed the Nasdaq exchange operator's announcement that the Bitcoin-focused company will join the Nasdaq 100 index.

• Super Micro Computer (NASDAQ:SMCI) stock fell 12%, as the information technology company is set to be removed from the index.

• Tesla (NASDAQ:TSLA) stock increased 0.8% after Wedbush Securities raised its price target for the EV manufacturer, citing accelerated progress in autonomous and AI initiatives under a more favorable regulatory environment expected with the upcoming Trump administration.

• Coinbase Global (NASDAQ:COIN) stock rose 1.6% after Bitcoin briefly jumped above $106,000 following President-elect Trump’s suggestion of creating a US bitcoin strategic reserve similar to the strategic oil reserve.

• Honeywell (NASDAQ:HON) stock increased 3.2% after the conglomerate's board considered a potential separation of its aerospace business while reviewing its business portfolio.

• Capri Holdings (NYSE:CPRI) stock rose 3.3% after Women’s Wear Daily reported that the company is exploring potential buyers for its Versace and Jimmy Choo brands, though discussions are in early stages.

• Ford (NYSE:F) stock fell 2.8% after Jefferies downgraded its stance on the auto giant to ‘underperform’ from ‘hold’, indicating struggles for the stock in 2025.