US Futures Rise After Two-Week Decline
US stock futures moved higher on Monday after the major indexes posted losses for a second consecutive week, pressured by growing concerns over artificial intelligence spending and rising oil prices. Investors turned their attention to the Federal Reserve’s policy decision this week, with the central bank widely expected to leave interest rates unchanged before potentially raising them in December. Central banks in the Eurozone and Japan are likewise anticipated to keep rates steady. On the corporate front, investors are preparing for earnings reports from major technology companies, including Amazon, Alphabet, Microsoft and Intel, alongside other prominent firms such as Visa, Coca-Cola, Boeing, Eli Lilly and Exxon Mobil. Meanwhile, market participants continued to monitor geopolitical developments in the Middle East amid concerns that the US could resume military strikes against Iran following the November 3 midterm elections.
US stock futures moved higher on Monday after the major indexes posted losses for a second consecutive week, pressured by growing concerns over artificial intelligence spending and rising oil prices. Investors turned their attention to the Federal Reserve’s policy decision this week, with the central bank widely expected to leave interest rates unchanged before potentially raising them in December. Central banks in the Eurozone and Japan are likewise anticipated to keep rates steady.
On the corporate front, investors are preparing for earnings reports from major technology companies, including Amazon, Alphabet, Microsoft and Intel, alongside other prominent firms such as Visa, Coca-Cola, Boeing, Eli Lilly and Exxon Mobil. Meanwhile, market participants continued to monitor geopolitical developments in the Middle East amid concerns that the US could resume military strikes against Iran following the November 3 midterm elections.