Commodities
Oil Price Rebound Triggers Wall Street Uptick
The US stock market is poised to rebound in early trading on Friday after a few sessions of decline. The S&P 500 futures are currently up by 0.6 percent, indicating a higher open for the markets.
The sharp pullback in crude oil prices over the past few days may be contributing to this buying interest. Crude oil prices have skyrocketed, but a recent drop could be generating early buying interest as investors adjust their positions.