Stocks looked set to edge higher on Monday, although investors appeared reluctant to make any big moves with a Federal Reserve interest-rate decision looming.
Futures tracking the Dow Jones Industrial Average were up 71 points, or 0.2%. Contracts tied to the S&P 500 climbed 0.2%. Nasdaq 100 futures rose 0.2%, after the tech-heavy index notched another record high on Friday.
The Fed’s decision on Wednesday is likely to be the main factor driving markets this week. Investors are betting the central bank will close out the year with three straight rate cuts, amid signs the labor market is softening.
