Stock Market Today: S&P 500, Nasdaq Futures Rise as Tech Rally Continues, Oil Falls Amid US-Iran Talks

💡 The S&P 500 and Nasdaq futures surged as the tech rally continued, while oil prices fell amid US-Iran talks.

The S&P 500 and Nasdaq futures rose in early trading on Monday, as the tech rally continued to gain momentum. The gains came despite a decline in oil prices, which fell amid ongoing US-Iran talks.

Stock Market Today

The tech-heavy Nasdaq 100 futures surged 4.2% to 13,200, while the S&P 500 futures rose 2.5% to 4,150. The Dow Jones futures also gained 1.8% to 34,500. The tech rally has been fueled by a series of strong earnings reports from major tech companies.

Oil Prices Fall Amid US-Iran Talks

Oil prices fell amid ongoing US-Iran talks, which have raised concerns about a potential disruption to global oil supplies. Brent crude fell 2.5% to $70.50 per barrel, while WTI crude fell 3.2% to $65.50 per barrel. The decline in oil prices has weighed on energy stocks, with $XLE falling 2.1%.

Earnings Season Continues

The earnings season continues to gain momentum, with several major companies set to report their quarterly results this week. The tech rally has been fueled by a series of strong earnings reports from major tech companies, including $NVDA and $AAPL.

What It Means for Investors