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U.S. stock index futures climbed on Monday, supported by easing geopolitical concerns and anticipation of a busy week, including key technology earnings, nonfarm payroll data, and final U.S. presidential election campaign pushes. By 06:35 ET (10:35 GMT), Dow Jones Futures were up 225 points (0.5%), S&P 500 Futures gained 36 points (0.6%), and Nasdaq 100 Futures rose 155 points (0.8%).<\/p>\n\n\n\n
Oil Prices Drop as Middle East Tensions Ease<\/strong> Tech Earnings on the Horizon<\/strong> Economic Data Slate Led by Payrolls Report<\/strong> Election Approaches as Trump Gains Momentum<\/strong> U.S. stock index futures climbed on Monday, supported by easing geopolitical concerns and anticipation of a busy week, including key technology earnings, nonfarm payroll data, and final U.S. presidential election campaign pushes. By 06:35 ET (10:35 GMT), Dow Jones Futures were up 225 points (0.5%), S&P 500 Futures gained 36 points (0.6%), and Nasdaq 100 …<\/p>\n","protected":false},"author":9,"featured_media":53440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[10587,9895,7587],"class_list":["post-107538","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates","tag-middle-east-tensions","tag-nvidia-stock","tag-us-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=107538"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107538\/revisions"}],"predecessor-version":[{"id":107539,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107538\/revisions\/107539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53440"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=107538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=107538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=107538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Investor risk appetite surged as oil prices declined significantly after a weekend strike by Israel on Iran avoided critical nuclear and oil sites. This strategic targeting reassured markets that a broader Middle East conflict, potentially involving the U.S., was less likely. As of 06:35 ET, Brent crude was down 6% to $71.11 per barrel, while U.S. WTI dropped 6.3% to $67.27 per barrel.<\/p>\n\n\n\n
Nasdaq\u2019s recent record intraday high reflects investor confidence ahead of pivotal tech earnings this week, with five of Wall Street\u2019s largest tech firms\u2014Alphabet, Meta Platforms, Microsoft, Apple, and Amazon\u2014scheduled to report. Their earnings, especially with substantial AI-related investments, are expected to offer insights into the broader market\u2019s performance and the durability of the AI trade.<\/p>\n\n\n\n
In addition to corporate earnings, market participants are focused on Friday\u2019s employment report, which is projected to show October job growth slowing to 111,000, influenced by strikes and weather-related disruptions. The unemployment rate is expected to hold at 4.1%. Other significant data includes Tuesday\u2019s JOLTS report, Thursday\u2019s jobless claims, third-quarter GDP on Wednesday, and Thursday\u2019s personal income and spending report with the Fed\u2019s core PCE inflation measure.<\/p>\n\n\n\n
With voting set for November 5, national and swing state polling shows a tight race between Republican candidate Donald Trump and Democratic Vice President Kamala Harris. However, Trump has recently gained ground in prediction markets, signaling increased election interest and potentially influencing market sentiment as election day nears.<\/p>\n","protected":false},"excerpt":{"rendered":"