US Futures Hold Monday Rebound
2026-03-17 11:37
By
Andre Joaquim
1 min. read
Futures tracking US equities were higher muted on Tuesday, loosely holding the rebound from the previous session as markets continued to assess risks from higher energy prices and its impact on the economy.
Contracts for the three main averages were close to the flatline.
Benchmark prices for crude oil, product, and natural gas resumed their increases as defiant rhetoric from the US and strikes in Iran and the GCC maintained the view that the disruptions to energy exports are likely to remain for the meantime.
A light data schedule pushes the spotlight to the Fed's rate decision and SEP update tomorrow for a gauge on how the central bank sees the impact of higher energy prices on their rate outlook.
Meanwhile, stocks for asset managers were mixed premarket as investors continued to gauge risks on private credit positions amid a wave of redemptions caps.
Also, Nvidia inched higher after stating it will generate $1 trillion in revenue by 2027 on AI chip sales.