U.S. stock futures rose on Monday after Friday’s advances. Futures of major benchmark indices were higher.<br /><br />Optimism among investors is rising following New York Fed President John Williams‘ indication that a rate cut in December is still on the table.<br /><br />He said in a speech on Friday that “I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral.”<br /><br />Meanwhile, investors await earnings from Dell Technologies Inc. (NYSE:DELL), HP Inc. (NYSE:HPQ), Deere & Co. (NYSE:DE), Li Auto Inc. (NASDAQ:LI), and others in this Thanksgiving holiday-shortened week.
