Stock futures rise ahead of a potentially big week for big tech companies

These are some of the stocks that made notable moves before the bell on Monday:

• Li Auto, Tesla – Shares of the electric car makers fell more than 7% and 3%, respectively, after price cut announcements. US shares of Chinese electric car makers Nio and Xpeng fell in tandem.
• Verizon – The telecom giant traded 1.5% higher as earnings per share beat expectations and full-year guidance was confirmed.
• Hut 8 – Shares rose 2.6% after Benchmark initiated coverage of the data center operator with a buy rating.

See the full list here.

-Alex Haring

European stocks opened higher on Monday, with the Stoxx 600 index up 0.5% by 8:05 a.m. London time.

The British FTSE 100 index rose by 1.1%, while the French CAC 40 index rose by 0.5%, and the German DAX index rose by 0.7%.

Risk asset prices jumped while safe haven asset prices fell on Monday as fears of a broader conflict in the Middle East eased.

Bitcoin rose 1.56% to trade at $65,713.97, according to Coin Metrics, with most Asian stock markets higher, led by Hong Kong's Hang Seng Index.

The Japanese yen, considered a safe-haven asset, fell slightly to 154.7 yen, while spot gold prices fell 0.87% to $2,369.58 per ounce.

Oil prices, which initially rose after news of Israel carrying out a strike against Iran, also fell. Brent crude futures fell 0.73% to $86.65 on Monday, while US West Texas Intermediate crude futures fell 0.84%, to trade at $82.44.

– Lim Hui Ji

Central Bank of China Base interest rates are left for one- and five-year loans Interest rates were unchanged at 3.45% and 3.95% respectively on Monday.

The one-year LPR is seen as the link for most household and business loans, while the five-year LPR is the standard for most mortgages.

The decision was in line with a Reuters poll, which expected the two prices to remain unchanged.

China's CSI 300 index rose 1.9% last week.

– Shreyashi Sanyal

Electric car giant Tesla has reduced its car prices globally after its first-quarter deliveries fell for the first time in nearly four years.

Reuters reported The company reduced its starting price Model 3 in China To 231,900 yuan (32,000 US dollars), a decrease of 14,000 yuan.

In Germany, Reuters reported the price Model 3 rear wheel drive The price has also been reduced to €40,990 ($43,670.75) from €42,990, where the price has been since February.

Checks by CNBC showed that China and Germany's websites reflect updated prices.

A Tesla spokesman told Reuters that there are also price cuts in several other countries in Europe, the Middle East and Africa.

— Lim Hui Ji, Reuters

Bitcoin's price was little changed on Sunday evening, hovering near $65,000.

That's close to where the largest cryptocurrency will be on Friday before the so-called “halving,” which slows bitcoin issuance by reducing rewards for miners.

Bitcoin's price has risen between each previous halving, but some experts say there may be a near-term downside to the cryptocurrency.

— Jessie Pound, Tanaya Machel

The three major futures contracts rose at the opening of trading at 6pm in New York. Dow Jones futures briefly rose 100 points.

-Jesse Pound

Here's where the major averages stand after the tech sector's decline on Friday:

• The S&P 500 fell 0.88% on Friday, the sixth straight negative session.
• The S&P 500 ended the week down 3.05%.
• The Nasdaq Composite fell 2.05% on Friday, the sixth straight negative session.
• The Nasdaq Composite ended the week down 5.52%.
• The Dow rose 211 points, or 0.56%, on Friday, the second positive session in a row.
• The Dow Jones Index ended the week up by 0.01%.

– Jesse Pound, Christopher Hayes