U.S. Futures Hold Near Flat as Oil Rebounds Amid Truce Uncertainty
Photo: TokenPost
U.S. stock futures held near flat Monday as oil rebounded while markets assessed the scope and implementation of President Donald Trump’s energy ceasefire proposal for Russia and Ukraine. At 8 a.m. ET (12:00 UTC) Oct. 12, S&P 500 futures rose 0.1% to 7,865, while Nasdaq futures declined 0.1% and Dow futures gained about 0.1%. West Texas Intermediate crude stood at $91.934 and Brent crude at $104.918 as of 7:28 p.m. ET (23:28 UTC) Oct. 11. Traders assessed the proposal’s scope and implementation as oil rebounded. Trump announced Oct. 11 that an energy ceasefire between Russia and Ukraine was effective immediately.
Source: TokenPost
