U.S. stock futures are rising on Monday as investors brace for a busy week for markets, with a wave of corporate earnings coming alongside major macroeconomic catalysts, including a monetary policy decision from the Federal Reserve.

Wall Street faces another big week with 175 S&P 500 earnings, a host of jobs data and the Fed's May rate decision.

Behind Tuesday's solid showing in the stock market was a report showing flash purchasing managers index coming in worse than expected. That sort of