U.S. stock index futures signaled a higher open on Monday after China said it will cut import tariffs on a wide range of goods.
Futures for the Dow Jones Industrials picked up 57 points, or 0.2%, Monday to 28,539
Futures for the S&P 500 progressed 6.25 points, or 0.2%, at 3,232.
Futures for the NASDAQ Composite gained 24 points, or 0.3% to 8,734.75.
China's finance ministry said Sunday starting January 1, it will lower import tariffs on over 850 products ranging from frozen pork and avocado to some types of semiconductors. The country is making efforts to boost imports amid a slowing economy and a trade war with the U.S.
The U.S. stock market closes at 1 p.m. ET on Tuesday for Christmas Eve and is closed on Wednesday for Christmas. Thursday and Friday are regular trading days.
On the data front, November's National Activity Index figures are due out of the U.S. at 8:30 a.m. ET. There are no corporate earnings expected Monday.
Overseas, in Japan, the Nikkei 225 gained five points Monday, while in Hong Kong, the Hang Seng Index rose 0.1%.
Oil prices sank six cents at $60.38 U.S. a barrel.
Gold prices picked up four dollars to $1,484.90 U.S. an ounce.