U.S. stock index futures pointed higher on Monday, with investors turning to Apple for shelter from AI spending concerns ahead of Tuesday's midterm elections. Estee Lauder rose 2.4% premarket after raising its annual sales and profit forecasts, with quarterly sales up 7% to $3.72 billion. Check Point Software fell 9.9% after a weaker-than-expected fourth-quarter revenue forecast, while Rivian gained 3.2% to $12.55 after UBS upgraded it to Buy from Neutral with a $17 price target. Okta rose 2.7% after S&P Dow Jones Indices selected it to join the S&P 500, replacing Kenvue before the open on Wednesday, November 4.
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