US stock index futures advanced Monday, bolstered by gains in technology shares and positioning the market to potentially reignite a recently stalled rally. Investors weighed ongoing uncertainty regarding Federal Reserve interest-rate policy and prepared for the release of this week’s pivotal monthly jobs report.
As of 4:43 P.M. (GMT+7), Nasdaq 100 futures rose 0.75%, or 186.40 points, to 25,194.60 points, while S&P 500 futures gained 0.48%, or 32.50 points, to 6,766.60 points. Dow Jones Industrial Average futures, less tech-heavy in their composition, were up 0.18%, or 85.00 points, to 47,232.50 points.
Last week, the Nasdaq Composite experienced heightened volatility and ended lower, dragged down by a retreat in megacap tech stocks such as Alphabet, Amazon, Broadcom, and Meta. In contrast, the S&P 500 and Dow closed the week with marginal gains, although both indices suffered notable dips on Thursday.
While the full restoration of regular economic releases remains uncertain after the recent government shutdown, investors are looking toward the official September jobs report, scheduled for Thursday. This delayed report will be the first official government gauge of the labor market in weeks, arriving as recent Fed commentary injects skepticism about an imminent rate cut.
This week also features several prominent earnings releases as reporting season winds down, particularly for companies linked to the AI sector. Nvidia is set to unveil its highly anticipated quarterly results on Wednesday—a key event widely watched by market participants. Retailers will also be in focus, with Walmart, Home Depot, Target, Lowe’s, and Gap scheduled to announce results, providing further insight into consumer demand.
Meanwhile, the cryptocurrency market remains in the spotlight, with Bitcoin serving as a bellwether. The leading digital asset has fallen more than 30% over the past month, sliding from a record above $126,000 to below $94,000. This sharp pullback has erased much of the year’s gains, which had been propelled by crypto-friendly policies from the Trump administration, and may suggest investors are shifting toward a more risk-averse stance.
