U.S. Futures Climb Amid AI Deals and Economic Jitters

U.S. stock index futures advanced on Monday due to AI-related deals and a softer labor market, which bolstered hopes for a rate cut. The market's resilience came amid a government shutdown. The upcoming earnings season will provide crucial economic insights as traders navigate uncertain conditions.

U.S. stock index futures climbed on Monday, building on last week's gains fueled by AI-related deal-making and expectations of a rate cut due to softer labor market trends.

Despite a six-day federal government shutdown, the persistent demand for tech stocks and focus on the upcoming earnings season show strong market resilience.

The delayed nonfarm payrolls report underscores the Federal Reserve's challenges ahead, as traders rely on alternative indicators for guidance.

(With inputs from agencies.)