us stock futures nudged higher monday as traders eyed a flurry of central bank and earnings action over coming days on friday the dow jones industrial average djia rose 3 points or 001 to 35228 the sp 500 spx increased 1 points or 003 to 4536 while the nasdaq composite comp dropped 31 points or 022 to 14033 dow jones industrial average futures showed the benchmark inching higher and in line for an 11th consecutive day of gains extending its best run since 2017 the bluechip index sits at its loftiest level since march 2022 reflecting a broadening of the rally that in recent months had been mainly powered by big technology stocks the surge reflects hopes that cooling inflation will allow central banks to soon stop their rate rise campaigns and that any economic downturn caused by the monetary tightening will not impact corporate profits too badly to that end the coming week will have plenty for traders to chew on with the top three central banks delivering rate decisions and a slew of us companies presenting their results the federal reserve is expected on wednesday to raise borrowing costs by 25 basis points to a range of 525 to 550 and investors will be keen to hear whether that may be the last for the cycle the bank of japan on friday should leave rates unchanged but may say something about removing elements of its ultraloose policy such as buying bonds to suppress yields on thursday the european central bank will deliver its decision another increase in borrowing costs is expected but the ecb’s hawkishness may be tempered by reports released monday that showed economic activity in the eurozone slumped to an eightmonth low in july corporate results due on monday include domino’s pizza dpz  whirlpool whr  logitech logi and nxp semiconductors nxpi  alphabet goog and microsoft msft will present their numbers on tuesday meta meta on wednesday and intel intc on thursday “the debate around how much the economy needs to be zapped with higher rates to quash inflation properly is still raging on while the expectation is that interest rates will need to go higher still that’s led to some stagnation in the us markets as we kick off the week following strong gains last week” said sophie lundyates lead equity analyst at hargreaves lansdown “investors are holding their breath ahead of key tech earnings which among other things will paint a picture for how advertising demand is shaping up as well as how the league tables are looking for the ai race market volatility especially from the nasdaq composite is likely to be coming down the line” lundyates added us economic updates set for release on monday include the sp “flash” us manufacturing and services pmis for july due at 945 am eastern