03.11.202512:27:51UTC+00US Stocks Set to Kick Off November on a Strong Note

At the onset of November, US stock futures displayed a robust performance, with S&P 500 contracts increasing by 0.5%, the Nasdaq 100 climbing by 0.8%, and Dow Jones futures advancing by 30 points. This comes as the six-month bull market in US equities seems poised to continue. Investor sentiment remained buoyant, driven by ongoing confidence in AI, alongside indications of easing trade tensions between the United States and China, which further enhanced risk appetite. Market participants are now focusing on forthcoming private-sector economic data, such as the ADP employment report, amidst the ongoing US government shutdown, now entering its second month. The spotlight remains on corporate earnings. Notably, Berkshire Hathaway's shares climbed nearly 1% in premarket trading following a 17% surge in quarterly profit. Meanwhile, Palantir Technologies experienced a 3.2% uplift ahead of its earnings release post-market close. Other technology stocks, including Nvidia, AMD, Broadcom, and Micron Technology, also registered premarket gains of 2%, 1.4%, 1.1%, and 3.9%, respectively.