US stock futures rose Sunday evening in anticipation of the Federal Reserve’s rate cut, Big Tech earnings, and a Trump-Xi meeting. S&P 500 futures gained 0.7%, Nasdaq 100 futures rose 0.9%, and Dow futures climbed 0.6%.

Wall Street closed a record week with the Dow surpassing 47,000, the S&P 500 nearing 6,800, and the Nasdaq Composite up over 1%.

Markets expect a Fed rate cut after lower-than-expected CPI data. Investors are optimistic about a potential trade breakthrough at the Trump-Xi meeting in South Korea.

Silicon Valley giants like Apple, Microsoft, Alphabet, Amazon, and Meta are set to report Q3 earnings this week.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq futures climb with Fed, Big Tech earnings, Trump-Xi meeting ahead