Oct 30 - Futures for Wall Street's main stock indexes rose on Monday ahead of a busy week of earnings and interest rate decisions from major central banks including the Federal Reserve, while investors shrugged off concerns about the Middle East conflict.
"The ground offensive in Gaza will still be causing some concern, but it has been largely expected," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. On Monday, the yield on the ten-year note was at 4.89%, after having breached the 5% level earlier this month. However, certain parts of the economy have proved to be resilient, spurring concerns that the central bank could signal willingness to hold rates at their current level for longer than previously anticipated.
On the earnings front, McDonald's rose 2.1% after beating estimates for third-quarter profit and sales.