On Monday, S&P Futures experienced an uptick, primarily driven by the technology sector, marking the commencement of a new trading month. S&P 500 futures increased by 0.4%, whereas Nasdaq-100 futures rose by 0.7%. Futures for the Dow Jones Industrial Average exhibited a slight upward movement, increasing by 12 points, or 0.03%. Micron Technology experienced a 3% increase, positioning it as the leader among chipmaker stocks. Nvidia and AMD experienced increases of approximately 2% and 1%, respectively. The VanEck Semiconductor ETF climbed 1%. Other technology companies, including Meta Platforms and Palantir, also experienced gains in the premarket trading session.

Market has concluded a successful session, contributing to the benchmark’s gains for October. The S&P 500 and Dow industrials experienced increases of 2.3% and 2.5%, respectively, over the course of the month. The Nasdaq Composite exhibited superior performance, registering a gain of 4.7%. The observed gains can be attributed, in part, to sustained momentum in the artificial intelligence sector, alongside indications of a reduction in trade tensions between the United States and China. Over 300 companies within the S&P 500 index have reported their results for the third quarter to date. Among those, more than 80% have surpassed expectations, as per reports.

This week, over 100 companies are set to report earnings, among them AI-related firms Palantir and AMD. “Fundamentally, the U.S. earnings picture remains strong and supported by these 3 factors: AI spending visibility remains strong and Amazon’s strong 3Q25 report is the latest evidence of this; financials are driving innovation via blockchain; the Fed is dovish and lowering interest rates; and QT is ending Dec 1,” wrote Tom Lee. This month, market could experience a seasonal uplift. According to data the S&P 500 has historically averaged a 1.8% gain in November, establishing it as the strongest month for the benchmark.

Investors maintained vigilance regarding developments in Washington, given the ongoing government shutdown in the United States. The interruption has postponed the dissemination of several critical economic indicators, including the monthly employment report. Additionally, the Supreme Court is anticipated to hear oral arguments regarding the legality of the tariffs imposed by the Trump administration.