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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

US Futures Gain Ahead of Fed Rate Cut, Megacap Tech Earnings, and Trump-Xi Meeting

US stocks rallying on Q3 earnings outperformance. (Credit: energepic.com/Pexels.com)

US stock futures edged higher during Monday premarket trading, as traders brace for a busy week of earnings reports, a possible Federal Reserve rate cut, and high-stakes diplomacy between the US and China.

Futures linked to the S&P 500 increased by approximately 0.9%, while Nasdaq 100 futures rose nearly 1.2%. The Dow Jones Industrial Average futures gained around 0.7%. Market momentum remains buoyant after all three major indexes hit record highs on Friday.

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