S&P 500 futures ticked 0.07% higher, closing at 5,267.78, while Dow futures gained 53 points to 33,544. Nasdaq-100 futures slipped 0.1%, ending at 13,320.57, as investors scanned earnings calendars.
West Texas Intermediate crude surged 0.9% to $92.65 a barrel, and Brent climbed 0.8% to $105.62, spurred by President Donald Trump’s ‘energy ceasefire’ announcement and subsequent Ukrainian claims of violation.
The week ahead sees Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo reporting earnings, offering clues to consumer spending and credit risk.
September CPI will be released Wednesday, followed by the producer price index Thursday; investors will gauge the Fed’s stance, which could ripple across equities, bonds and commodities.
Asian markets were mixed: South Korea’s Kospi fell 3.65%, Kosdaq 4.83%, Australia’s S&P/ASX 200 rose 0.76%, China’s CSI 300 slipped 0.68%, Japan remained closed.