U.S. stock index futures ticked higher on Monday as a global bond sell-off eased and yields stabilized. Inflation and tighter monetary policy remain in focus.
Investors are watching for any breakthrough in U.S.-Iran talks. This week also features quarterly earnings from AI heavyweight Nvidia.
At 08:54 ET, S&P 500 futures were up 0.3%, Nasdaq 100 futures climbed 0.6%, and Dow futures added 0.1%.
On Friday, the Dow fell 1.1%, the S&P 500 dropped 1.2%, and the Nasdaq lost 1.5% as bond yields and oil prices rose. Despite this, the S&P 500 posted its seventh straight weekly gain.
Treasury yields remain elevated after hot inflation data reinforced expectations that the Fed may keep rates higher for longer.
This week, Nvidia's earnings on Wednesday will be key for AI-driven rally durability. Walmart reports on Thursday, with traders watching consumer spending.
Geopolitical tensions persist. The UAE reported a drone strike near a nuclear plant. Saudi Arabia intercepted three drones from Iraq.
Oil prices rose, with Brent above $110 per barrel, fueling inflation concerns.
