S&P 500 futures up 0.30% at around 7,883.25 points. With oil falling, market attention is increasing ahead of earnings season and the release of US inflation data.
S&P 500 futures rose 0.30%, while Dow futures were up 0.32% at 52,091 points and Nasdaq futures were up 0.40% at 31,232 points. Small-cap stocks, represented by the Russell 2000, also rose 0.34%, while gold was up 0.48% at $4,236.60 and Bitcoin was up 0.98% at $83,829.59. The VIX fell 3.70% to 14.84 points, while the US 10-year Treasury yield rose 0.25 percentage points to 5.24%.
November WTI crude oil futures fell 1.94% to $90.07 per barrel. This reflected growing expectations of improved global supply following Donald Trump's announcement of an energy ceasefire between Russia and Ukraine. Meanwhile, tensions in the Middle East continue to affect the market.
The earnings season for major banks is expected to get into full swing this week, with JPMorgan Chase, Citigroup, Goldman Sachs and Wells Fargo scheduled to report on Tuesday, followed by Bank of America and Morgan Stanley on Wednesday.