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Stock Futures Increase as Oil Prices Drop, and the Nasdaq is Expected to Reach New Records

As investors sought a series of megacap technology profits to continue propelling the Nasdaq Composite to new heights this week, U.S. equities futures surged on Monday.

Risk sentiment was bolstered by a decreasing geopolitical environment.

Oil prices fell in early trading after Israel’s weekend airstrikes against Iran did not target nuclear or oil facilities as was initially thought.

Dow Jones Industrial Average-related futures had a 0.3% increase of 136 points. Futures for the Nasdaq 100 and S&P 500 both increased by 0.6% and 0.5%, respectively.

Source (CNBC)

SourceCNBC
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