All three US stock indexes managed to close the New York session trading in positive territory, where investors were also presented with several publications of corporate earnings reports.
The Dow Jones ended trading slightly up 0.08% to 35,438.08, while the S&P 500 added 0.28% to 4,567.45 and the Nasdaq rose 0.73% to 15,561.42.
This was supported by positive market sentiment following news from China, better earnings reports and strong US consumer confidence data.
However, in today's Asian session, it can be seen that US stock market futures are a little gloomy amid investors' vigilance towards the Federal Reserve's (Fed) interest rate decision.
The Fed is widely expected to raise interest rates by 25 basis points, and a follow-up statement from Chairman Jerome Powell will take center stage.
Meanwhile, Microsoft reported better-than-expected fiscal fourth-quarter results driven by growth in its cloud computing business.
Microsoft announced earnings per share of $2.69 on revenue of $56.2 billion, better than expectations of $2.55 on revenue of $55.44 billion.
Meanwhile, Alphabet (GOOGLE) reported better second-quarter results with earnings per share of $1.44 on revenue of $74.6 billion versus $1.34 on revenue of $72.82 billion.
Microsoft shares rose 1.7% and Alphabet gained 0.56% at the close in the New York session. But in extended trading, Microsoft dropped 3.76% while Alphabet continued to surge around 6.09%.
Investors will next watch the release of earnings reports from Meta and Coca-Cola on Wednesday.
