Traders are seen working on the New York Stock Exchange's (NYSE) floor in New York, October 27, 2021.
As investors awaited the start of November's trading, U.S. stock futures saw a slight increase in overnight trading on Sunday.
Market participants are preparing for another week's corporate earnings and a crucial Federal Reserve meeting on Wednesday. Also, October's jobs report is coming up.
Dow futures rose by 80 points. Futures on the S&P 500 gained 0.2%, while futures on the Nasdaq 100 rose 0.2%.
The stock market closed the October month on Friday, and all three major averages closed at new records. S&P 500, Nasdaq and Dow clinched their highest months since November 2020.
In October, the Dow Jones Industrial Average grew 5.8%. The S&P 500 climbed 6.9% in October, while the tech-focused Nasdaq Composite gained 7.3%. This month saw a rebound after September's declines in major indexes.
Oct was dominated by corporate earnings, despite solid earnings despite global supply chain issues. Refinitiv reports that about half of S&P 500 companies reported quarterly results, and more than 80% beat Wall Street analysts' earnings estimates.
