<div id="readability-page-1"> All three major indexes ended higher in October, with the Nasdaq Composite leading the way with a 4.7% gain. In comparison, the S&amp;P 500 and the Dow Jones rose 2.3% and 2.5%, respectively. The rally was driven by optimism about AI stocks amid strong spending and an easing of U.S.-China trade tensions. Meanwhile, major earnings releases are lined up this week, including results from Palantir Technologies, Advanced Micro Devices, Super Micro Computer (SMCI), Uber (UBER), Pfizer (PFE), Rivian (RIVN), Qualcomm (QCOM), Lucid Group (LCID), McDonald's (MCD), AMC Entertainment (AMC), Archer Aviation (ACHR), and D-Wave Quantum (QBTS). Coming to trending stocks, Kenvue (KVUE) shares rallied 20% on news of acquisition by Kimberly-Clark (KMB). In contrast, KMB stock was down 17%. Meanwhile, Iren (IREN) stock soared 22% as the data center company struck a deal with Microsoft (MSFT) to provide Nvidia (NVDA) GB300 GPUs over a five-year period for $9.7 billion. Also, Nvidia stock was up 2% after the U.S. approved the sale of the semiconductor giant's chips to the UAE. Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.</div>

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U.S. stock futures are mixed following a strong October where all major indexes rose, led by a 4.7% gain in the Nasdaq Composite. The rally was fueled by optimism in AI stocks and easing U.S.-China trade tensions. Upcoming earnings reports include Palantir, AMD, and Uber. Kenvue shares surged 20% on acquisition news, while Kimberly-Clark fell 17%. Iren stock jumped 22% after a deal with Microsoft, and Nvidia rose 2% after U.S. approval for chip sales to the UAE.

- All three major indexes increased in October, with the Nasdaq Composite gaining 4.7%, while the S&P 500 and Dow Jones rose 2.3% and 2.5%, respectively.  
- The rally was fueled by optimism surrounding AI stocks and improved U.S.-China trade relations, with significant earnings reports expected from various companies.  
- Notable stock movements included Kenvue's 20% rise due to an acquisition by Kimberly-Clark, while Iren's stock surged 22% following a deal with Microsoft for GPU supply.

U.S. Stock Futures Trade Mixed After a Strong October