Investing.com-- U.S. stock index futures rose slightly in evening deals on Sunday, with focus squarely on a string of key earnings from the technology sector and more that are due in the coming days.
But momentum now appeared to be somewhat stalling, as anticipation of an upcoming Federal Reserve meeting and a hotly contested U.S. presidential election kept investors wary. Stretched valuations among U.S. stocks also raised the possibility of near-term losses.) will be the biggest company to report this week, with the electric vehicle maker’s earnings in close focus after the reveal of its robotaxi earlier this month largely underwhelmed.
Prints from a string of major chipmaking firms are also due this week, coming after earnings from industry bellwethers ASML is set to report on Wednesday, with focus squarely on its cash position as the company grapples with its first major strike in over a decade.Positive bank and tech earnings over the past week saw Wall Street indexes hit a series of record highs, with upcoming earnings likely to decide whether this momentum will continue.Beyond earnings, focus is also on U.S.