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Stock futures were relatively unchanged on Monday, following another winning week for Wall Street, as investors look toward the Federal Reserve meeting.
Futures for the Dow Jones Industrials gained 18 points to 48,019.
Futures for the S&P 500 improved seven points, or 0.1%, to 6,885.25.
Futures for the NASDAQ jumped 51.75 points, or 0.2%. to 25,783.75.
Monday’s action comes after a second positive week in a row for the three major indexes.
There is no economic data of note due Monday, but the New York Fed is releasing its survey of consumer expectations in the morning. Investors will keep an eye on earnings from companies such as Lululemon, Costco, Broadcom, Oracle and Adobe slated for this week.
Traders have grown increasingly hopeful over recent weeks that the Fed will lower interest rates at the Federal Open Market Committee meeting, which is the final one of the year. Fed funds futures are pricing in a roughly 88% chance of a decrease, up from under 67% a month ago.
Overseas, the Nikkei 225 in Japan poked up 0.2% Monday, while in Hong Kong, the Hang Seng Index dived 1.2%.
Oil prices fell 64 cents to $59.44
Gold prices sank $3.10 to $4,239.90.
