Stock market today: Dow, S&P 500, Nasdaq futures climb as November kicks off with earnings, AI, Fed in focus

Market Performance - US stock futures rose on Monday morning, with S&P 500 futures gaining 0.2%, Nasdaq 100 futures up 0.3%, and Dow Jones Industrial Average futures increasing by 0.1% as Wall Street aims to extend October's momentum [1] - In October, the S&P 500 rose by 2.3%, the Dow climbed 2.5%, and the Nasdaq Composite surged 4.7%, driven by investments in growth and AI-linked companies, particularly Big Tech and the "Magnificent Seven" [2] Economic Indicators - The US government shutdown is delaying key economic data, including the jobs report that was expected this week, which may impact market sentiment [3] - The Supreme Court is set to hear arguments regarding the legality of President Trump's tariffs, which could have significant implications for trade and economic policy [3] Earnings Reports - Earnings season is ongoing, with approximately 300 S&P 500 companies having reported third-quarter results, and over 100 additional reports expected this week from companies such as Palantir, Super Micro, and AMD [4] Sector Reports - Due to the absence of government data, reports from the manufacturing and services sectors by the Institute for Supply Management and S&P Global will be particularly significant this week [5] - The University of Michigan's consumer sentiment report, scheduled for release on Friday, will also be closely monitored amid concerns about potential consumer pullback [5] Commodity Market - Gold prices fell below the $4000 mark following the removal of China's tax incentive for purchasing gold through local retailers, indicating a shift in demand dynamics [5]