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Dow Jones NewsNov 2, 11:30 PM UTC
DJ Stock Futures Drift Higher to Start a New Month -- Barrons.com
By Janet H. Cho
Stock futures drifted higher on Sunday, setting up the indexes for early gains on Monday to start a new month of trading.
Shortly after 6 p.m. Eastern time on Sunday, Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures were up 0.2%, and Nasdaq Composite futures were up 0.2%. Crude oil futures were up 0.6% after oil producing countries announced a pause on production increases for the start of 2026.
Stocks could respond on Monday to that decision by the Organization of the Petroleum Exporting countries and their allies, which said they would raise their collective output by a total of 137,000 barrels a day in December and then pause further production gains for the first three months of 2026.
About a quarter of the S&P 500 companies will report earnings this week, which would have also featured a jobs report for October. But the government shutdown, entering its 34th day on Monday, suspended that for now.
The week's economic highlights include ADP's report on October hiring by private companies. On Wednesday, the Supreme Court will be hearing oral arguments in two cases challenging the legality of the Trump administration's tariffs that it justified using emergency powers.
The Dow Jones Industrial Average closed up 0.8% last week and up 2.5% in October, continuing its winning streak to six consecutive months, according to Dow Jones Market Data.
The Dow is up 11.8% so far this year.
The S&P 500 index closed up 0.7% last week and up 2.3% last month and has also gained for six straight months.
The S&P 500 is up 16.3% this year.
The Nasdaq Composite closed up 2.2% last week and 4.7% last month, its seventh month of gains, according to Dow Jones Market Data.
The Nasdaq is up 22.9% so far this year.
Write to Janet H. Cho at janet.cho@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
November 02, 2025 18:30 ET (23:30 GMT)
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