US equity futures exhibited minimal movement on Monday as investors adopted a cautious stance ahead of the impending US presidential election. The Dow Jones Industrial Average futures remained unchanged, while S&P 500 futures saw a slight uptick of 0.1%, and Nasdaq futures experienced a modest increase of nearly 0.1%.
With the US set to conduct its presidential election on Tuesday, the race is intensifying between former President Donald Trump and current Vice President Kamala Harris. In the commodities sector, oil prices witnessed an upward trend, with the front-month global benchmark North Sea Brent crude climbing 2.7% to $75.08 per barrel, and US West Texas Intermediate crude gaining 2.9% to $71.53 per barrel.
Moreover, US factory orders are scheduled for release at 10 am ET, with expectations pointing towards a decrease of 0.4% in September, following a 0.2% decline in the previous month, as per estimates gathered by Bloomberg..