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US Stocks Show Optimism Heading Into Midterms Week As Nasdaq, S&P 500 Futures Rally — Apple, Meta, Palantir In Focus Today

U.S. index futures were all in the green on Monday morning, indicating that Wall Street may start the week on a moderately positive note. Monday’s economic calendar is light and doesn’t boast of any major market-moving data or reports. Traders could show apprehension ahead of the Nov. 8 midterm elections and the consumer price inflation report due on Thursday.

AAPL

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Short Interest Sector Focus: Communication Services Sector

As of the close of business on Thursday, 10/27, we captured the Top 10 Highest Short Interest % stocks within the Communication Services sector. The average short interest for stocks within the Communication Services sector stands at 2.97%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.  

AMC