US stock futures rise as markets await Nvidia earnings, government data

Nov 17 (Reuters) – Futures for Wall Street’s main indexes were higher on Monday, kicking off a packed week that includes AI giant Nvidia’s earnings and resumption of government data releases, while Alphabet jumped after Berkshire Hathaway disclosed a stake in the company.
Sign up here.
Apple shares, down 0.3%, lagged most megacap and growth stocks.
At 5:02 a.m. ET, S&P 500 E-minis were up 29.5 points, or 0.44%, Nasdaq 100 E-minis were up 173.5 points, or 0.69%, and Dow E-minis were up 55 points, or 0.12%.
Third-quarter earnings growth is estimated at 16.9% as of last week, the highest since the fourth quarter of 2024.
With the longest government shutdown in U.S. history officially ending last week, key data releases from government agencies are expected in the next few days.
The much-delayed September jobs report will also be released on Thursday, but may do little more than confirm earlier private market surveys showing the labor market had slowed.
Traders currently see a more than 56% chance that the Federal Reserve will hold its rate steady in December compared with a near 94% chance of a 25-basis-point cut seen a month ago, according to the CME FedWatch Tool.