Technology Stocks Lead U.S. Futures Higher as Investors Weigh Catalysts

U.S. stock futures climbed Monday, led by technology stocks, as lower oil prices offered relief after a weak week for AI investments and investors watched for potential market catalysts. Investors were focused on October manufacturing data, Apple earnings and the U.S. midterm elections, all expected this week. Daniel Kirsche, Jefferies International’s head of technical analysis and strategy, said weakness in large technology stocks supported his view that market gains were broadening and funds were rotating. Friday’s sell-off raised questions for him about the outlook.

Source: TokenPost