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U.S. Stock Futures Hold Steady as Cooling Oil Prices Lift Market Mood
U.S. stock futures were little changed on Monday evening after a strong rebound in the major averages, helped by a pullback in oil prices. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.14%, 0.14%, and 0.11%, respectively, at 6:11 p.m. EDT on March 16.
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Earlier in the day, stocks rallied as crude prices eased from last week’s surge tied to the U.S.-Iran conflict. The S&P 500 rose 1% after hitting a year‑to‑date low on Friday. Also, the Dow and the Nasdaq climbed 1.2% and 0.8%, respectively.
Looking forward, investors await earnings reports from some major companies, including Lululemon LULU +1.35% ▲ , DocuSign DOCU -0.49% ▼ , and Oklo OKLO +2.26% ▲ .
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