Dow Jones futures rose 0.18%, trading above 47,300 during European hours on Monday, ahead of the US regular session. S&P 500 futures and Nasdaq 100 futures also advanced 0.57% and 0.90%, respectively, trading near 6,800 and 25,300.

Investors are monitoring a backlog of delayed US economic data following the government’s reopening, seeking clearer signals on Federal Reserve policy. The September Nonfarm Payrolls report, scheduled for November 20, is a key focus, though US National Economic Council Director Kevin Hassett noted some October data may “never materialize” due to shutdown disruptions.

Market sentiment remains cautious amid uncertainty over Fed policy. The CME FedWatch Tool shows a 44% chance of a 25-basis-point rate cut in December, down from 62% a week ago, reflecting hawkish remarks from Fed officials.

Investors are also preparing for a fresh round of corporate earnings this week, with Nvidia reporting on Wednesday, along with other S&P 500 heavyweights such as Home Depot, Target, Walmart, Palo Alto Networks, and Intuit. Previous gains were tempered last week as concerns over elevated AI stock valuations resurfaced.