US stock futures muted with Q3 earnings, Fed cues in focus

Investing.com-- U.S. stock index futures fell slightly in evening deals on Sunday as investors hunkered down before the third-quarter earnings season picked this week, while anticipation of more cues on interest rates also weighed.

A slew of Fed speakers are set to provide more cues on interest rates this week, while some economic data is also expected to factor into the outlook.The third-quarter earnings season is set to pick up in earnest this week, with Wall Street majors including Johnson & Johnson (NYSE: Earnings from the tech sector will also be closely watched for more cues on artificial intelligence-driven demand, especially for the chipmaking sector.The US500 rose 0.6% to a record high of 5,815.03 points, while the DJI surged nearly 1% to a record high of 42,863.86 points. The IXIC lagged, rising 0.3% to 18,342.94 points.

Focus this week is now on addresses from a string of Fed officials, which are likely to provide more cues on the central bank’s plans to cut interest rates further.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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