Futures Edge Higher as Big Tech Earnings Take Centre Stage

Futures Edge Higher as Big Tech Earnings Take Centre Stage
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 15, 2021. Spencer Platt/Getty Images
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U.S. stock index futures edged higher on Monday as investors geared up for earnings reports from heavyweight technology companies this week, while PayPal jumped after it said it was not interested in buying Pinterest.

Tesla Inc. rose 2.6 percent in premarket trading after the electric-car maker raised prices of its Model X, Model S variants by $5,000, while Morgan Stanley boosted its price target on the stock to $1,200 from $900.