S&P 500 futures rise from five-month low with Fed and Apple results in view

U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.

Stock buyers returned after the S&P 500 on Friday joined the Nasdaq Composite in correction territory having shed more than 10% from its recent high at the end of July to close at its lowest since May. Equity benchmarks also have been hit of late partly because of some poorly-received third quarter earnings — notably from big technology firms that had led the broader marker higher for much of the year. The next tech behemoth to present its numbers will be Apple AAPL, +0.80%, after the market close on Thursday.

Both of those issues will be addressed on Wednesday, when the Treasury will publish its quarterly refunding announcement in the morning, followed in the afternoon by the Fed’s latest interest rate decision.

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