S&P 500 Futures Rise 0.3% as Oil Near $110 Ahead of Earnings
Photo: TokenPost
S&P 500 futures rose 0.3% Sunday evening as traders faced a week of major company earnings and Chinese economic releases, with oil near $110 adding inflation pressure. S&P 500 futures were up 0.3% in Sunday evening trading. Oil held near $110 a barrel amid heightened geopolitical tensions. Tesla and Meta's upcoming results could test whether optimism about AI investment can endure amid concerns over costs and profitability. Financing for AI infrastructure also featured among concerns during the Nasdaq 100's recent selloff . High oil prices could sustain inflation and limit the Federal Reserve's ability to cut interest rates.
Source: TokenPost
