U.S. stock futures were steady ahead of Tuesday’s session, following a strong performance earlier in the day. Also, investors are gearing up for a key week of corporate earnings. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.01%, 0.02%, and 0.01%, respectively, at 1:28 a.m. EDT on October 21.
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On Monday, all three major indices closed higher, buoyed by a surge in Apple (AAPL) stock and renewed optimism that the U.S. government shutdown may soon end. Overall, the Dow Jones, the S&P 500, and the Nasdaq Composite rose 1.1%, 1.1%, and 1.4%, respectively.
Investors are closely watching this week’s earnings slate, with Netflix (NFLX) and Coca-Cola (KO) reporting Tuesday, followed by Tesla (TSLA) on Wednesday. On the economic reports side, traders are looking ahead to Friday’s CPI data, which could offer insight into inflation trends and influence the Fed’s next move.
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