Stock futures Monday show cautious optimism; S&P 500 futures are flat after last week’s record close. Financial stocks remain in focus as analysts expect robust Q3 earnings from major banks, driven by higher net interest margins. If history is any guide, the shutdown is also likely to be short-lived. Government shutdowns have historically not impacted markets much , but sentiment could take a hit if any delays around the release of key economic data muddy the interest rate outlook for the Federal Reserve. Stock futures Monday perk up, supported by easing dollar strength. Materials sector futures benefit from the tailwind, as mining and commodity producers see improved export prospects.
