FX168 Finance Agency (North America) reports that USA equity index futures rose slightly on Monday (January 6), building on last week's rebound, as investors continued to Buy technology stocks with optimism towards AI and awaited key economic data that could set the tone for USA monetary policy.

Technology stocks rallied again, boosted by chip manufacturers from Microsoft's $80 billion investment plan to develop AI datacenters and Foxconn's fourth-quarter revenue surpassing expectations.

NVIDIA's stock price rose by 2% in pre-market trading, while Advanced Micro Devices, Micron Technology, and Broadcom saw increases ranging from 1.3% to 3.4%.

After several consecutive trading days of declines in December and the New Year, the USA stock market had a significant rebound last Friday, as concerns about high valuations, rising treasury yields, and weak liquidity prompted traders to take profits after a strong 2024 run.

In a week filled with economic data and speeches from Federal Reserve officials, investors will look for clues about the pace of monetary policy easing this year.

The focus will be on this Friday's monthly payroll data, which is expected to show a slowdown in USA job growth for December compared to last month, while the unemployment rate remains at 4.2%.

USA President-elect Donald Trump will be sworn in on January 20. While Trump's proposals—including corporate tax cuts, deregulation, and tariffs—could enhance corporate profits and invigorate the economy, they also carry the risk of putting upward pressure on inflation.

In Other stocks, Lyft surged approximately 5% after Benchmark upgraded the ride-hailing company's stock from 'Hold' to 'Buy'.