Futures Drift Higher as Iran Talks Loom and PPI in Focus

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Source: TipRanks
Futures Drift Higher as Iran Talks Loom and PPI in Focus
Photo: TipRanks
TL;DR

U.S. stock futures edged higher Monday night as investors weighed U.S.-Iran peace-talk developments and eyed upcoming inflation data, with Nasdaq 100 up about 0.19%, the Dow up 0.01%, and the S&P 500 up 0.04% at 12:30 a.m. ET. Oil prices fell, while in regular trading the Nasdaq led gains (+~1.2%), followed by the S&P 500 (+~1.0%) and the Dow (+~0.6%); Oracle jumped nearly 13% helping software stocks. Traders await the producer price index and earnings from JPMorgan, Citigroup, Wells Fargo, and BlackRock due Tuesday.

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