US stock index futures jump as oil falls about 6%
SPY•U.S. stock index futures rose on Monday as Brent crude fell 5.9% to $106.76 a barrel amid hopes that talks on ending the war on Iran could ease Middle East supply disruptions. Dow E-minis gained 0.59%, S&P 500 E-minis 0.49% and Nasdaq 100 E-minis 0.86%.
1. Futures rise as oil drops
U.S. stock index futures extended gains on Monday as Brent crude futures fell 5.9% to $106.76 a barrel. Talks between Iranian and Qatari officials on a deal to end the war on Iran raised hopes that Middle East supply disruptions could ease; Iran's foreign ministry said contacts between Iran and the United States were continuing.
2. Index futures figures
At 8:50 a.m. ET, Dow E-minis were up 307 points, or 0.59%, S&P 500 E-minis gained 37 points, or 0.49%, and Nasdaq 100 E-minis rose 245.75 points, or 0.86%.
