The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.3% lower in Monday's premarket activity, ahead of economic data releasing this week.

US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures retreating 0.3% before the start of regular trading.

The Chicago Fed National Activity Index for July will be released at 8:30 am ET.

The new home sales for July report will be posted at 10 am ET, followed by the Dallas Fed Manufacturing Survey for August at 10:30 am ET.

Dallas Fed President Lorie Logan and New York Fed President John Williams speak on Monday.

In premarket activity, bitcoin was down by 1.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) fell by 4.6%, Ether ETF (EETH) was down 5.8%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was 3.5% lower.

Power Play:

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.3%, and the iShares US Technology ETF (IYW) was down 0.1%, while the iShares Expanded Tech Sector ETF (IGM) declined by 0.4%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF (XSD) was flat, while the iShares Semiconductor ETF (SOXX) was 0.2% lower.

Verint Systems (VRNT) shares were up more than 12% in recent premarket activity after news that private-equity firm Thoma Bravo is close to acquiring Verint in a deal valuing the call center software maker at about $2 billion, including debt.

Winners and Losers:

Industrial

Industrial Select Sector SPDR Fund (XLI) was down 0.1%, while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.

Spirit Aviation (FLYY) stock was down nearly 11% before the opening bell, reversing the 11% gain at Friday's close. The Wall Street Journal reported late Friday that Spirit's Airlines unit is mulling strategic options after its recent financial restructuring fell short of putting the airline on a sustainable track.

Energy

The iShares US Energy ETF (IYE) was inactive, while the Energy Select Sector SPDR Fund (XLE) was marginally higher by 0.01%.

Vital Energy (VTLE) stock was up more than 10% before Monday's opening bell, while Crescent Energy (CRGY) stock was down 6% after the companies said that Crescent will acquire Vital for around $3.10 billion in an all-stock deal.

Consumer

The Consumer Staples Select Sector SPDR Fund (XLP) slipped marginally by 0.02%, while the Vanguard Consumer Staples Fund (VDC) was up 0.01%. The iShares US Consumer Staples ETF (IYK) was flat, and the Consumer Discretionary Select Sector SPDR Fund (XLY) lost 0.4%. The VanEck Retail ETF (RTH) and the SPDR S&P Retail ETF (XRT) were inactive.

PDD Holdings (PDD) shares were up nearly 2% pre-bell after the company reported higher-than-expected Q2 non-GAAP earnings and revenue.

Financial

Financial Select Sector SPDR Fund (XLF) retreated 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% higher.

Coinbase Global (COIN) shares were down nearly 3%, while Robinhood Markets (HOOD) stock fell by more than 1% in Monday's premarket activity after news that global stock exchanges are reportedly pushing regulators to crack down on tokenized stocks.

Health Care

The Health Care Select Sector SPDR Fund (XLV) retreated nearly 0.1%. The Vanguard Health Care Index Fund (VHT) was up 0.1% while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was flat.

Argenx (ARGX) stock was up more than 2% premarket after the company said that a phase 3 study of its drug Vyvgart met its primary endpoint in treating patients with AChR-Ab seronegative generalized myasthenia gravis, an autoimmune disease.

Commodities

Front-month US West Texas Intermediate crude oil was up 0.7% at $64.12 per barrel on the New York Mercantile Exchange. Natural gas declined 2.3% to $2.64 per 1 million British Thermal Units. United States Oil Fund (USO) advanced marginally by 0.5%, while the United States Natural Gas Fund (UNG) was 1.8% lower.

Gold futures for December lost nearly 0.1% to reach $3,416 an ounce on the Comex, while silver futures were down 0.8% at $39.26 an ounce. SPDR Gold Shares (GLD) retreated nearly 0.1%, and the iShares Silver Trust (SLV) was 0.3% lower.