Oil Rises as Futures Wobble Ahead of Mega-Cap Earnings

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Source: TipRanks
Oil Rises as Futures Wobble Ahead of Mega-Cap Earnings
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TL;DR Summary

U.S. stock futures were mixed overnight as oil prices climbed on geopolitical tensions near the Strait of Hormuz; Nasdaq-100 futures rose about 0.11%, S&P 500 futures about 0.33%, while Dow futures slipped roughly 0.09%. Brent crude rose to about $106.61 and WTI near $95.28 as investors await mega-cap earnings (AMZN, MSFT, GOOGL, META, AAPL) and a Federal Reserve meeting; last week the Dow fell ~0.44% even as the S&P 500 and Nasdaq hit records, aided by a semiconductor rally.

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