U.S. stock index futures moved higher on Monday, with technology shares leading the advance. The move came as lower oil prices offered some relief to markets after artificial intelligence investment trades went through a weak week. Attention is now turning to several potential catalysts on the calendar, including October manufacturing data, Apple earnings, and the U.S. midterm elections. Morgan Stanley strategist Mike Wilson said the market correction is in its final stage and that market breadth is improving. The setup leaves investors focused on whether incoming data and corporate results can help shape the next move in equities.
U.S. stock index futures rose on Monday, led by technology shares. Lower oil prices gave markets some room to breathe after artificial intelligence investment trades had just gone through a weak week.
Investors are watching several potential catalysts this week, including October manufacturing data, Apple earnings and the U.S. midterm elections.
Morgan Stanley strategist Mike Wilson said the market correction is in its final stage and that market breadth is improving.
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