Futures gain modestly as investors focus their attention on the presidential election.
LONDON (CNNMoney.com) -- U.S. stock futures rose Monday, although gains were modest as investors expressed caution on the eve of Election Day.
At 5:21 a.m. ET, Dow Jones industrial average, Standard & Poor's 500 and Nasdaq 100 futures were slightly higher.
Futures measure current index values against perceived future performance and offer an indication of how markets may open when trading begins in New York.
Stocks appeared poised to kick off November on a positive note after the end of one of the worst months in Wall Street history.
But trading is expected to be light as investors await the outcome of Tuesday's U.S. presidential election.
Economy: A report on construction spending in September is due at 10 a.m. ET. The ISM Index, a measure of nationwide manufacturing activity, is also set to be released at 10 a.m. ET.
Companies: In major corporate news, buyout firm KKR is delaying its plan to go public on the New York Stock Exchange due to the turmoil in financial markets.
World markets: In global trade, shares in Hong Kong and Seoul rallied. Markets in Tokyo were closed. European stocks rose modestly in morning trading. 
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