Good morning moomooers! Here are things you need to know before the opening bell:

• Stock futures rise after Dow, S&P 500 post losing week

• Stocks making the biggest moves in the premarket: Virgin Galactic, Ally Financial & more

Market Snapshot

U.S. stock index futures traded higher early Monday, after the S&P 500 posted its second negative week in a row the previous week.

Futures contracts tied to the Dow Jones Industrial Average rose 146 points. S&P 500 futures added 0.51%, while Nasdaq 100 futures were up 0.65%.

The previous week saw the Dow post its fourth negative week in five, while the S&P registered two straight weeks of losses for the first time since February. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.

Crypto

Despite the tech-heavy index’s weekly gain, however, the Nasdaq Composite finished Friday’s session in the red as bitcoin prices once again moved lower, putting pressure on the broader technology sector.

The cryptocurrency’s sell-off continued on Sunday, with bitcoin dropping around 16% to under $32,000, according to data from Coin Metrics. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.

Premover

Stocks making the biggest moves in the premarket: Virgin Galactic, Moderna, AMC Entertainment & more

$Virgin Galactic Holdings Inc(SPCE.US)$-Virgin Galactic soared 20.5% in premarket trading after it held a successful test flightover the weekend of its SpaceShipTwo craft. Virgin's first manned space flight in more than two years successfully reached space 50 minutes after takeoff from Las Cruces, New Mexico, before returning to earth.

$AMC Entertainment Holdings Inc(AMC.US)$-AMC's largest shareholder, China’s Dalian Wanda Group, sold most of its stake in the movie theater operator over the past week. A Securities and Exchange Commission filing shows Dalian Wanda sold 30.4 million shares for about $427 million. AMC shares rose 1.5% in the premarket.

$Moderna Inc(MRNA.US)$-Moderna struck a vaccine production agreement with South Korea’s Samsung Biologics, in a move it said will allow it to provide its Covid-19 vaccine to markets outside the United States beginning in the third quarter. Its shares climbed 1.6% in premarket action.

Top News

• No bridge in sight for Biden infrastructure plan
  

  Democrats and Republicans are still far apart on the size and composition of an infrastructure bill and   on the need for an independent commission to investigate the Jan. 6 attack on the Capitol.

• How a global minimum tax could impact markets
  

  While it's still unclear whether a global minimum tax will ever come to pass, the worm seems to have    turned on corporate tax levels. Companies paying very low corporate taxes-and their investors-should   brace for impact.

• Inflation forces investors to scramble for solutions
  

  Signs that inflation is picking up momentum are adding a new dimension to the post-lockdown market rally, forcing investors to make difficult decisions about how to protect their portfolios.

• Grand reopening to test consumers' appetite to keep spending

  Western consumers are starting to indulge in services that were off limits during the lockdown. Businesses, economists and policy makers are trying to discern whether that shift will mean a cutback in spending on goods.

• Elon Musk has become Bitcoin's biggest influencer
  

  Some investors are unhappy with the Tesla CEO's tweets, which contributed to a selloff that plunged bitcoin to about 40% below its peak.

• For startup leaders, SPACs lose their allure
  

  Entrepreneurs are showing more reluctance to use the financial vehicle that has been a fast track to the public markets after watching their peers endure falling share prices and grueling earnings calls with disappointed investors.