Dow, S&P 500, and Nasdaq futures are all rising in premarket trading Monday as the stock market braces itself for the Fed's rate decision this week.

U.S. stock markets closed lower on Thursday following profit booking by investors on mixed economic data. However, market participants remained hopeful on another round of interest rate cut this month.

U.S. stocks finished lower on Thursday, with the Dow tallying its longest losing streak since April, while a pullback in Big Tech names weighed on the Nasdaq Composite one day after the index finished above 20,

Futures tracking the Dow Jones Industrial Average rose 63 points, or 0.1%, putting the index on course to snap a six-day losing streak. Futures for the benchmark S&P 500 climbed 0.2% and contracts tracking the tech-heavy Nasdaq 100 were up 0.5%.