Dow futures for monday are drawing support from a strong

Dow futures for Monday are drawing support from a strong energy sector outlook, despite slight volatility in crude prices over the past two sessions. What we will get this week are the minutes from the September FOMC meeting, which saw the Federal Reserve vote to cut rates for the first time this year. The Conference Board’s Consumer Confidence Index declined by 3.6 points in September to 94.2 from 97.8 in August. The Present Situation Index, which tracks consumers’ views on current business and labor market conditions, dropped 7 points to 125.4. Dow futures for Monday advanced modestly as traders express confidence in technology sector growth, despite mixed signals from last week’s job market data.