US Futures Rise on Monday
US stock futures traded higher at the start of the week, with S&P 500 futures gaining 0.2%, Nasdaq 100 futures rising 0.3%, and Dow Jones futures advancing nearly 180 points, as investors welcomed a pullback in oil prices. Market sentiment was also supported by anticipation of a busy week of corporate earnings, key economic releases, and the Fed’s monetary policy decision. Alphabet (+0.7%), Microsoft (+0.3%), and Amazon (+0.8%) all traded higher in premarket dealings ahead of their earnings reports due later this week. Meanwhile, Meta shares climbed after the company announced plans to raise as much as $95 billion through stock sales to fund its AI ambitions. Nvidia (+1.2%), Broadcom (+1.6%), and AMD (+1.2%) were among the potential buyers. In contrast, Verizon shares fell 0.8% in premarket trading after the company reported revenue below expectations.
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US stock futures traded higher at the start of the week, with S&P 500 futures gaining 0.2%, Nasdaq 100 futures rising 0.3%, and Dow Jones futures advancing nearly 180 points, as investors welcomed a pullback in oil prices. Market sentiment was also supported by anticipation of a busy week of corporate earnings, key economic releases, and the Fed’s monetary policy decision. Alphabet (+0.7%), Microsoft (+0.3%), and Amazon (+0.8%) all traded higher in premarket dealings ahead of their earnings reports due later this week. Meanwhile, Meta shares climbed after the company announced plans to raise as much as $95 billion through stock sales to fund its AI ambitions.
Nvidia (+1.2%), Broadcom (+1.6%), and AMD (+1.2%) were among the potential buyers. In contrast, Verizon shares fell 0.8% in premarket trading after the company reported revenue below expectations.