Stock index futures upbeat ahead of big tech results, Trump-Xi meet, Fed meeting

[Wall Street sign, New York City, USA]
mbbirdy/E+ via Getty Images

Stock index futures were higher on Monday, with Nasdaq futures leading the charge for the big week filled with tech earnings, the Federal Reserve meeting and updates on the U.S.-China trade.

S&P 500 futures (SPX [https://seekingalpha.com/symbol/SPX]) +0.8%, Nasdaq 100 futures (US100:IND [https://seekingalpha.com/symbol/US100:IND]) +1.1% and Dow futures (INDU [https://seekingalpha.com/symbol/INDU]) +0.6%.

Wall Street on Friday soared and ended at a record high after market participants, starved of economic data during the ongoing U.S. government shutdown, received a reprieve in the form of a cooler-than-expected consumer inflation report.

This week the spotlight will be on five [https://seekingalpha.com/news/4508307-earnings-week-ahead-aapl-msft-amzn-meta-goog-ba-xom-cvx-pfe-ma-v-pypl-sofi-and-more] “Magnificent Seven” names: Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Meta Platforms (NASDAQ:META).

The Fed will also announce its monetary policy decision on October 29, Wednesday. It is widely expected that the FOMC will deliver another rate cut.

"With a dearth of data and a still-divided FOMC, our U.S. economists think Chair Jerome Powell is unlikely to provide clear signals on the policy path ahead, focusing more on topics including balance sheet policy and financial stability," Deutsche Bank's Peter Sidorov said.

"Markets are in a buoyant mood this morning as U.S. and China officials indicated that they have largely aligned a deal to ease trade tensions ahead of the Trump-Xi meeting this Thursday," Sidorov said.

There could also be some trade-related developments between the U.S. and China. On October 30, the 2025 Asia-Pacific Economic Cooperation (APEC) summit will kick off in Gyeongju, South Korea and President Donald Trump and President Xi Jinping are expected to meet face-to-face to address trade disputes.

MARKET SNAPSHOT AS OF OCTOBER 27, 2025 (4:21 AM ET)

CATEGORY
INSTRUMENT (TICKER)
LEVEL
CHANGE
% CHANGE

INDICES
Dow Futures (INDU [https://seekingalpha.com/symbol/INDU])
47,489.37
+282.25
+0.60%

S&P Futures (SPX [https://seekingalpha.com/symbol/SPX])
6,849.09
+57.40
+0.85%

Nasdaq Futures (US100:IND [https://seekingalpha.com/symbol/US100:IND])
25,640.84
+282.68
+1.11%

TREASURIES
U.S. 2-Year (US2Y [https://seekingalpha.com/symbol/US2Y])
3.51%
+0.009
+0.26%

U.S. 5-Year (US5Y [https://seekingalpha.com/symbol/US5Y])
3.64%
+0.011
+0.30%

U.S. 10-Year (US10Y [https://seekingalpha.com/symbol/US10Y])
4.03%
+0.009
+0.22%

U.S. 30-Year (US30Y [https://seekingalpha.com/symbol/US30Y])
4.62%
+0.018
+0.39%

COMMODITIES
Gold (XAUUSD:CUR [https://seekingalpha.com/symbol/XAUUSD:CUR])
4,067.79
−44.10
−1.07%

Silver (XAGUSD:CUR [https://seekingalpha.com/symbol/XAGUSD:CUR])
48.06
−0.53
−1.09%

Crude Oil (CL1:COM [https://seekingalpha.com/symbol/CL1:COM])
61.51
+0.01
+0.02%

CRYPTO
Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD])
115,568.31
+984.71
+0.86%

Click to enlarge

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