US Futures Rebound on Monday
2026-07-27 11:44
By
Andre Joaquim
1 min. read
US futures rose on Monday, erasing the losses from last week as drop in energy prices softened worries of a deteriorating macroeconomic backdrop.
Contracts for the S&P 500 and the Dow were around 1% higher, while those for the Nasdaq 100 gained nearly 1.5%.
The US paused its strikes against Iran over the weekend and benchmark fuel prices eased on hopes that energy exports from the Middle East could return.
The consequent drop in yields loosened financial conditions and nearly erased expectations that the Federal Reserve could deliver a rate hike this week, pushing back eventual tightening to September.
Amazon, Meta, Microsoft, and Apple were up premarket ahead of their earnings in the coming days.
Nvidia underperformed with a 0.5% gain after a $500 billion AI memory chip supply deal from SK Hynix and guaranteeing $250 billion for OpenAI to lease computing from a data center project, reigniting concerns that circular deals in AI computing could trigger contagion should spending ease.