Stock futures rise with Nasdaq set to add to records as oil prices decline

Published On Oct 27, 2024, 6:05 PM

U.S. stock futures are up as traders anticipate strong earnings from major technology companies this week, which is impacting the Nasdaq Composite positively. The recent easing of geopolitical tensions, particularly concerning Israel and Iran, has also contributed to a favorable market sentiment. Lower oil prices are benefiting markets too, and as the week progresses, all eyes will be on key economic data and earnings reports from several major tech firms.