U.S. equity futures rose on tech company earnings expectations, while Israel's airstrikes on Iran led to lower oil prices.
U.S. equity futures rose as investors expect strong earnings from major tech companies to push the Nasdaq Composite to new highs. Improved risk sentiment followed Israel's airstrikes on Iran, which avoided oil and nuclear sites, leading to lower oil prices. The Nasdaq reached a new intraday record last week, while the Dow and S&P 500 ended lower. Key economic data, including the September jobs report and PCE price index, are set for release this week.
October 27, 2024
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