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Cryptocurrency prices are down following a weekend surge while governments step up regulatory efforts.
Stocks rise as solid corporate earnings and dealmaking boost Wall Street on the first trading of August.
XPeng says July deliveries soared 228% from last year and 22% from June. NIO deliveries surged from 2020, but fell from last month.
Stocks moving in premarket trading Monday include Square, General Electric, Xpeng, NIO and Parker-Hannifin.
General Electric's 1-fo-8 reverse stock split will reduce the industrial group's outstanding shares from around 8.8 billion to 1.1 billion at the start of trading Monday.
Parker-Hannifin to buy U.K.-based Meggitt for £6.3 billion ($8.8 billion) amid a rebound in aerospace demand.
Square could narrow the gap with its larger rival, PayPal, following a surprise $29 billion takeover of Australia's Afterpay.
Foot Locker announces plans to spend about $1.1 billion in cash to buy two different retailers as it looks to expand its footprint outside of shopping malls.
With nearly two-thirds of the S&P 500 reporting June quarter earnings, collective profits are set to rise 89.8% from last year to a share-weighted $432.4 billion.