Tech-Driven Rally Boosts US Futures Amid Oil Price Slide

US stock futures ticked higher on Tuesday after the major indexes kicked off the week with solid gains, driven by falling oil prices and a strong rally in tech stocks.

The Nasdaq Composite led the charge, surging 2.13% during Monday's regular session, while the S&P 500 and Dow advanced 1.48% and 1.32%, respectively.

Megacap technology stocks such as Amazon, Microsoft, and Nvidia were among the top performers, with Amazon exceeding a $3 trillion market capitalization for the first time after soaring 4.6%.

Investor sentiment was also lifted by a roughly 5% drop in oil prices following President Donald Trump's decision to cancel planned strikes on Iran, easing concerns over inflation and interest rates.