Investing.com-- U.S. stock index futures steadied in evening deals on Monday after a rally in technology shares spurred record highs on Wall Street, with focus turning to a string of key upcoming earnings and economic readings.
Trading volumes were somewhat slim on account of a federal holiday, although U.S. stock indexes were already perched at record highs after some strong bank earnings on Friday.Gains in major technology stocks were the biggest boost to U.S. markets on Monday, with market darling NVIDIA Corporation 2.4% surging to a record high.
Investors will be watching whether corporate earnings persevered despite pressure from high interest rates and sticky inflation.data, as well as addresses from a string of Fed officials, for more cues on the economy and interest rates.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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