US Futures Edge Higher to Start November

2025-11-02 23:52 By Jam Kaimo Samonte 1 min. read

US stocks rose on Monday as trading for November kicked off following seven straight months of gains for the tech-heavy Nasdaq Composite.

In October, the Dow advanced 2.51%, the S&P 500 climbed 2.27% and the Nasdaq Composite rallied 4.7%.

Those gains were driven largely by continued momentum in artificial intelligence, easing US-China trade tensions and the latest Federal Reserve interest rate cut.

A strong earnings season also underpinned sentiment, with over 80% of S&P 500 that have posted quarterly results so far beating expectations.

Investors now await fresh earnings from major names this week including Berkshire Hathaway, Palantir, AMD, Uber and McDonald’s.

Meanwhile the prolonged US government shutdown continued to delay the release of crucial economic data, including the monthly jobs report.

On the trade front, the White House announced over the weekend that China will suspend additional export controls on rare earths and end investigations targeting US semiconductor firms.



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