US stock futures advanced on Monday as investors looked ahead to a crucial week packed with big tech earnings and the Federal Reserve’s monetary policy decision.
Shares of major technology firms including Meta, Apple, Amazon, Microsoft, and Alphabet are in focus, with all five scheduled to report their third-quarter results later this week. These earnings are expected to provide key insights into the resilience of corporate profits amid slowing economic growth and evolving monetary policy expectations.
At 4:16 a.m. ET, Dow Jones Industrial Average futures were up 0.60%, S&P 500 futures gained 0.83%, and Nasdaq 100 futures climbed 1.11%, reflecting optimism in the tech-heavy index.
Market sentiment is also being shaped by the Federal Reserve’s policy meeting, where the central bank is widely expected to maintain its benchmark interest rate but signal its outlook on future rate adjustments amid cooling inflation data.
On the geopolitical front, US President Donald Trump is set to meet Chinese President Xi Jinping in South Korea on Thursday, following his visit to Japan — a development traders hope could ease trade and diplomatic tensions between the world’s two largest economies.
In the currency markets, the euro traded flat against the US dollar at $1.16275 around 4:25 a.m. ET, showing little movement ahead of the Fed’s decision later this week.