US stock futures rose on Monday, entering the Christmas holiday week after major indexes surged in the previous session.
The Dow Jones Industrial Average rose 0.38% to 183.04 points, the S&P 500 rose 0.88% to 59.74 points, while the Nasdaq Composite rose 1.31% to 301.26 points.
The gains were supported by the strong performance of technology stocks, which managed to offset a decline in consumer sector stocks.
Meanwhile, Oracle shares rose 6.6% after ByteDance, the Chinese owner of TikTok, signed a deal to operate the app in the US with a group of investors, including the cloud computing giant.
Micron shares hit a record high on Friday, up 7%, while Nvidia rose 3.9% after the company successfully launched the second most powerful artificial intelligence (AI) chip in the US.
The market is now focused on whether technology stocks can maintain positive momentum towards the end of the year, amid speculation about a possible "Santa Claus Rally".
Investors are also awaiting the release of the second estimate of third-quarter gross domestic product (GDP) growth, corporate earnings reports and industrial production data.
Trading volume on US exchanges rose to $24.60 billion, compared with an average of $17.19 billion over the previous 20 full trading days.
