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Oil Price Plunge Lifts US Stocks Amid Easing Tensions

Guavy AI Editorial Team
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Oil
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The US stock market is expected to rise on Monday as oil prices drop amid easing Iran tensions.

Oil prices fell by a sharp 6.3% following a pause in US-Iran military actions, despite no official ceasefire being declared.

This decline has lifted Dow futures over 500 points and pushed the S&P 500 up 0.9%, while the Nasdaq rose 1.5%.

Investors await key Fed decisions on Wednesday, including a rate decision, as well as major tech firm earnings reports from companies like Amazon (AMZN), Apple, Meta, and Microsoft.

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