Updated from 7:41 a.m.

Stock futures set up for a record open on Monday as the jobs enthusiasm that pulled benchmark indices to record highs last week continued into a new session. 

S&P 500 futures were up 0.08%, Dow Jones Industrial Average futures climbed 0.07%, and Nasdaq futures gained 0.12%. 

Stocks secured new records Friday after the latest labor market snapshot breezed past expectations, providing evidence for the U.S. economic recovery. The S&P 500 scored an all-time record close of 2,182.86, while the Nasdaq climbed to a record close of 5,221.12, its first since July last year. 

Walmart (WMT - Get Report) confirmed a deal to buy online retailer Jet.com for roughly $3 billion. Jet.com set out to compete with the likes of Amazon (AMZN - Get Report) by offering deals on home goods such as diapers and cleaning supplies. The deal is the largest ever for an e-commerce company. Walmart said it will maintain Jet's brand. 

Mattress Firm (MFRM) rocketed more than 100% higher in premarket trading after Steinhoff International Holdings (SNHFY) agreed to a deal worth $3.8 billion, including debt. Steinhoff offered $64 a share in cash, a deal which both boards unanimously approved. The acquisition represents a 115% premium to Mattress Firm's close on Friday. 

Delta Airlines (DAL - Get Report) fell on Monday morning after the airline faced a system-wide computer glitch which left thousands of passengers stranded. The airline said on Twitter that flights were beginning to resume operating as normal. The glitch had affected flights at airports as wide-ranging as Los Angeles, Tokyo and London. 

Sotheby's (BID - Get Report) was on watch after exceeding analysts' estimates in its recent quarter. The auction house earned an adjusted $1.51 a share in its second quarter on revenue of $298.7 million. Analysts anticipated earnings of $1.04 a share on revenue of $282 million. 

Tyson Foods (TSN - Get Report) was higher in premarket trading after a better-than-expected quarter and increased outlook. The owner of Sara Lee earned an adjusted $1.21 a share, above estimates of $1.06. The company also upped its full-year guidance to $4.40 to $4.50 a share, up from previous guidance of $4.20 to $4.30. 

Allergan (AGN - Get Report) edged higher in premarket trading after earnings came in higher than expected. The biotech company earned an adjusted $3.35 a share, 2 cents above estimates. Revenue climbed to $3.68 billion but missed estimates of $3.97 billion. Full-year earnings guidance of $13.75 to $14.20 a share met expectations of $14.11. 

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JPMorgan (JPM - Get Report) was downgraded to neutral from buy with a $65 price target, Citi said Monday. Analysts said the move was a valuation call as forward consensus estimates appear too high. 

21st Century Fox (FOXA) was downgraded to equal weight from overweight at Barclays. The firm removed the stock from its top picks list, citing a lack of near-term catalysts.