Futures Rise Ahead of Earnings as Economy Watchers Eye Labor Market Data

US stock futures have inched higher on Monday as investors prepare for another wave of corporate earnings that could shed light on the economy's strength and drive further interest in artificial intelligence stocks.

The upcoming earnings reports from major companies like Berkshire Hathaway, Eli Lilly, Caterpillar, McDonald's, and Walt Disney will be closely watched by investors seeking fresh clues about the economy's trajectory. Technology firms such as Palantir, Advanced Micro Devices, and SpaceX are also set to release their quarterly results.

Investors will also keep an eye on labor market data, particularly the monthly US jobs report due out on Friday. This is a closely watched indicator of economic health.

Meanwhile, oil prices have declined after President Donald Trump announced that peace talks with Iran will resume today following his decision to cancel a planned strike against the Islamic Republic.