This article was updated at 8:25 a.m. ET to include Actavis earnings results and commentary.
NEW YORK ( TheStreet) -- U.S. stock index futures were up Monday morning in pre-market trading, extending the market rally from Friday's session when a relatively positive nonfarm payrolls report helped the market.
Stocks closed higher Friday after it was reported that the U.S. created 223,000 jobs in April vs. the 224,000 that were expected. The S&P 500 gained 1.35%, the Dow Jones Industrial Average rose 1.49% and the Nasdaq added about 1.18%.
Shares of Bojangles' (BOJA), the fried chicken and biscuit Southern chain, were up as much as 47% on Friday, blasting past its initial public offering price of $19 after it began trading on the Nasdaq. BOJA settled to close up 25% around $23.75.
Today, the Dow futures moved higher by 8 points, up about 0.04% at 7:54 a.m. in New York, with other index futures also moving to the upside. S&P 500 E-mini futures were higher by 0.04% and Nasdaq 100 E-mini futures were higher by 0.08%.
The euro fell about 0.55% against the dollar and the pound was up by 0.23%.
Over the weekend, news from abroad dominated the headlines, with Asia in focus. China cut interest rates for the third time since November as the country continued its plan to boost its sluggish economy, lowering the benchmark lending and deposit rates by 0.25 percentage point, the Wall Street Journal reported. The Shanghai Composite Index rose 3.05% after the move.