United States stock futures were little changed on Sunday night (Monday AEDT) as Wall Street entered a new month of trading, with investors weighing strong corporate earnings and broader macroeconomic uncertainties.
By 10:20 am AEDT (11:20 pm GMT), Dow futures, S&P 500 futures, and Nasdaq 100 futures each gained 0.2% apiece.
The positive start followed a winning October for U.S. equities, with the S&P 500 and Dow climbing 2.3% and 2.5%, respectively. The Nasdaq Composite led the charge, rallying 4.7% as investors piled into technology and artificial intelligence stocks.
October’s gains were underpinned by optimism around easing U.S.-China trade tensions and continued strength in the artificial intelligence sector.
More than 300 S&P 500 companies have now reported third-quarter results, with over 80% surpassing analysts’ expectations, according to FactSet data.
Another 100-plus firms, including AI-focused names such as Palantir and AMD, are set to report this week, which could further shape market sentiment.
However, investors are also monitoring developments in Washington, where the U.S. government remains in a partial shutdown.
The closure has delayed several key economic data releases, including the monthly jobs report.
Meanwhile, the Supreme Court is expected to hear oral arguments this week regarding the legality of tariffs imposed during the Trump administration, another factor that could sway markets in the coming days.
