US stock futures rise ahead of big bank earnings
Index futures edged higher Monday morning as investors prepared for bank results and watched oil markets. Brent crude traded near $106 a barrel amid the Iran war.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
US stock futures rose Monday morning as investors prepared for big bank earnings due Tuesday. Energy markets were watched closely for geopolitical developments, and S&P 500 futures sat near 7,817 after a record-setting week.
Why it matters
Oil prices are being pushed around by the war with Iran, which is still disrupting global energy supplies. Traders are weighing bank earnings as the start of the earnings season.
Timeline
- Oct 12, 4:03 AM ET: US stock futures rose as investors geared up for big bank earnings due Tuesday and watched energy markets.
- Oct 12, 9:44 AM ET: S&P 500 futures were basically flat before the open near 7,817, while Brent crude traded near $106 a barrel.
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