U.S. stock futures rebound, can technology stocks lead the rally again?

U.S. stock index futures rose on Monday, led by technology stocks. The drop in oil prices provided the market with a breather, following a dismal week for artificial intelligence investment trading.

Investors are focused on potential market catalysts this week, including October manufacturing data, Apple Inc.'s earnings report, and the U.S. midterm elections. Morgan Stanley strategist Mike Wilson believes the market adjustment is entering its final phase, with improved market breadth.