Futures indices are trading range-bound amid

Futures indices are trading range-bound amid uncertainty over upcoming Fed commentary. Market breadth remains positive, suggesting underlying strength despite resistance near key technical levels. "Should the government shutdown be prolonged and delay the release of governmental labor market data, it will be hard for Federal Reserve officials to say conditions have improved since the September FOMC meeting," said Oxford Economics analyst John Canavan in a research note . The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Thursday. The SPY was up 0.27% at $670.28, while the QQQ advanced 0.57% to $606.70, according to Benzinga Pro data. S&P futures posted marginal gains, supported by financial sector strength. Analysts point to earnings momentum as a continued driver for futures indices performance.