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Stocks Rise Despite Economic Uncertainty and Winter Storm

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U.S. stock futures increased Monday following a week of losses. Trading will be shortened this week due to the closure of markets Thursday to honor former President Jimmy Carter. Investors are awaiting the December jobs report for insights into the economy's strength. Meanwhile, a winter storm blankets much of the U.S. causing travel disruptions and school closures. President Biden signed a bill to increase Social Security benefits for pensioners and announced a new marine monument.

Stocks are coming off a losing week, with trading set to be shortened to mourn the death of former President Jimmy Carter, and the December jobs report due on Friday.President Joe Biden signed a bill to increase Social Security benefits for millions of Americans who also receive public pension income.U.S. stock futures ticked higher Monday after a losing week for the major averages.

, shares of chipmakers includingstarting early Monday, with much of the country set to see snow, ice and falling temperatures. The National Weather Service put out winter storm warnings from Kansas in the Midwest as far east as New Jersey. School districts around the country were canceling or delaying classes, while airlines started to cancel some flights. Snow stranded motorists in some parts of the country.U.S.

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