Stock futures were rising Monday after Canada rescinded its digital sales tax, bolstering hopes the U.S. will be able to broker a trade deal with its northern neighbor. The S&P 500 and Nasdaq Composite will enter Monday at record highs.

These stocks were poised to make moves Monday:

Clean energy stocks Enphase Energy and Sunrun declined after the Senate's latest version of the tax-and-spending megabill will phase out tax credits for large-scale wind and solar projects by the end of 2027--earlier than in previous drafts. The latest version also includes a surprise new tax on projects that use supplies from China, the world's biggest source of renewable energy equipment. The tax would apply to all projects completed after Dec. 31, 2027. Enphase fell 4.9% and Sunrun was down 5.5% in premarket trading. Renewable energy developers NextEra Energy and AES also traded lower, falling 3.4% and 2.7%, respectively.

Shares of electric-vehicle company Tesla fell 1% in the premarket session after declining 0.6% on Friday. The Senate bill would end tax credits for the purchase of EVs after September, quicker than the House proposal's call for eliminating them by the end of the year for most vehicles. Tesla CEO Elon Musk slammed the legislation as Republicans narrowly advanced the measure in a 51-49 weekend vote.

Juniper Networks jumped 8.4% after the Justice Department settled a lawsuit challenging Hewlett Packard Enterprise's $14 billion acquisition of the provider of wireless networking solutions. As part of the settlement, HPE will have to divest its global Instant On campus and branch business. A trial was scheduled to begin July 9. HPE shares rose 4%.

Nvidia rose 0.7% in premarket trading. The chip giant's shares again closed at a record high, rising 1.8% on Friday to $157.75. Nvidia's market capitalization reached $3.8 trillion on Friday, leaving it as the most valuable company in the U.S. and putting it on course to become the world's first company to reach $4 trillion.

Wells Fargo was up 2.1%, JPMorgan Chase gained 0.4%, and Goldman Sachs rose 2.6% after results of the Federal Reserve's annual stress tests showed the largest U.S. lenders were well-positioned to withstand a severe economic downturn. The outcome suggests banks will announce plans to distribute more capital to shareholders in the coming days.

Palantir Technologies was up 5%. The data analytics company closed as the worst stock in the S&P 500 on Friday, falling 9.4%. Even with the sharp drop, Palantir remains up 73% this year.

Progress Software is scheduled to report fiscal second-quarter earnings after the closing bell Monday.

Reports are expected later in the week from Constellation Brands, MSC Industrial Direct, Greenbrier Cos., and UniFirst.