Wall Street Aims To Open Marginally Higher

(RTTNews) - Investors continue to be concerned about the government shutdown. Earnings and geopolitical worries might be reflected on Monday's trade.

Private reports on manufacturing and service sector activity and private sector employment might be the focus this week.

In the Asian trading session, gold edged higher, while the dollar eased from a near three-month high. Oil prices rose after OPEC+ decided to hold production steady in early 2026.

Asian shares finished positive, while European shares are trading mostly up.

Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up.

As of 7.20 am ET, the Dow futures were adding 17.00 points, the S&P 500 futures were up 24.00 points and the Nasdaq 100 futures were gaining 170.50 points.

The U.S. major averages ended Friday's closing higher. The Nasdaq climbed 143.81 points or 0.6 percent to 23,724.96, the S&P 500 rose 17.86 points or 0.3 percent to 6,840.20 and the Dow inched up 40.75 points or 0.1 percent to 47,562.87.

On the economic front, the PMI Manufacturing Final for October will be scheduled at 9.45 am ET. The consensus is 52.2, while the prior month's flash Index was 52.2.

The ISM Manufacturing Index for October is set to be released at 10.00 am ET. The consensus is 49.5, while it was up 49.1 in the prior month.

The Construction Spending for September is expected at 10.00 a ET. The consensus is down 0.1 percent.

San Francisco Fed President Mary Daly will participate in moderated conversation before event hosted by the Forum Club of the Palm Beaches at 12.00 pm ET.

Fed Governor Lisa Cook will speak on 'The Outlook for the Economy and Monetary Policy' at the Brookings Institution at 2.00 pm ET.

Asian stocks ended higher in thin trade on Monday. China's Shanghai Composite index rose 0.55 percent to 3,976.52.

Hong Kong's Hang Seng index jumped 0.97 percent to 26,158.36.

Japanese markets were closed for a public holiday.

Australian markets ended modestly higher. The benchmark S&P/ASX 200 edged up by 0.15 percent to 8,894.80 while the broader All Ordinaries index settled little changed with a positive bias at 9,182.50.

European shares are trading lower. Among the major indexes in the region, the CAC 40 Index of France is gaining 12.18 points or 0.15 percent. The German DAX is progressing 269.20 points or 1.12 percent, the U.K. FTSE 100 Index is adding 12.41 points or 0.13 percent.

The Swiss Market Index is up 64.42 points or 0.53 percent.

The Euro Stoxx 50 Index, which is a compilation of 50 blue chip stocks across the euro area, is up 0.52 percent.