U.S. stock futures wobbled as investors digested receding fears of contagion from China Evergrande Group and hopes for further economic reopening against supply-chain disruptions. Here’s what we’re watching as Monday’s trading gets under way.

• Chemicals company Kraton jumped 7.8% ahead of the bell after it said it would be acquired by DL Chemical for $46.50. The stock had closed Friday at $41.52.
• Blank-check company Gores Guggenheim climbed 2.1% premarket. It is nearing a deal to combine with Polestar that would value the Swedish electric-vehicle maker at $21 billion.
• Crude prices are at the highest level in nearly three years, and shares of major producers are also rising premarket. Occidental Petroleum added 3.4%,  Exxon Mobil gained 2.2% and  ConocoPhillips rose 2.7%.
• Cruise operator Carnival ‘s shares were up 2% premarket after it said it had set sail from the Port of Los Angeles over the weekend for the first time since last year. On Friday, it reported its third-quarter voyages had been cash-flow positive. Rival Royal Caribbean inched 0.7% higher.

• Major airlines were also getting a boost ahead of the bell amid hopes for a further economic reopening from the pandemic. United Airlines added 0.7%, Delta Air Lines gained 0.8%, and American Airlines rose 1.3% and Southwest Airlines rose 1.1%.
• But then, not everyone is excited for people to return to their normal routines. Zoom Video Communications fell 1.3% premarket.
• PG&E shares slipped 0.6% premarket. A California prosecutor has filed an array of criminal charges against utility in connection with the Zogg Fire, which killed four people.
• Rolls-Royce shares were up 8.9% in London. The luxury-car and jet-engine maker was chosen for the B-52 engine replacement program by the U.S. Department of Defense. U.S.-listed shares jumped 7.1% premarket.
• Aurora Cannabis  and  Concentrix  are among the companies reporting earnings Monday.

Chart of the Day

• Day traders are targeting some companies that recently closed SPAC mergers, reinvigorating some of the meme-stock excitement that helped make such deals popular early in the year.

Write to James Willhite at james.willhite@wsj.com