Stock market today: Dow, S&P 500, Nasdaq futures rise as oil tumbles, investors brace for busy week

Futures connected the Dow Jones Industrial Average (YM=F) roseate 0.8%, portion those connected the S&P 500 (ES=F) alsogained 0.8%. Contracts for the Nasdaq-100 (NQ=F) jumped 1.4% aft a choppy week that sent the indexes lower.

Market sentiment got a assistance implicit the play arsenic the US and Iran paused fighting, raising hopes that bid negotiations could restart aft 2 weeks of attacks. Oil prices tumbled arsenic overmuch arsenic 6% amid renewed optimism astir a pathway to extremity the war, with Brent crude futures past down implicit 5% to commercialized beneath $87 a barrel.

A continued diminution successful lipid prices could instrumentality immoderate unit disconnected the Federal Reserve, which is acceptable to present an involvement complaint determination connected Wednesday. The cardinal slope is expected to clasp rates dependable arsenic officials show advancement connected inflation, though a complaint hike is not disconnected the array successful 1 of the least-telegraphed Fed decisions successful years.

Top of mind, meanwhile, volition beryllium a question of net reports, including a big of Big Tech net from Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN). All eyes volition beryllium connected superior expenditure guidance and AI monetization aft Alphabet's (GOOG, GOOGL) and Tesla's (TSLA) capex caused a meltdown successful the tech sector.

Among different corporates, AstraZeneca (AZN) and Nucor Corporation (NUE) footwear disconnected the week's net calendar, which features SK Hynix (SKHY), Coca-Cola (KO), Starbucks (SBUX), Procter & Gamble (PG), and Arm Holdings (ARM), and concludes with ExxonMobil (XOM) and Chevron (CVX).