Wall St futures steady as oil climbs, Iran peace talks remain stalled
U.S. stock index futures were steady on Sunday evening after record-high closes last week, as a surge in oil prices and stalled U.S.-Iran talks dampened risk appetite ahead of a packed week for Wall Street. Five of the so-called 'Magnificent Seven' technology giants are set to report earnings this week.
U.S. stock index futures were little changed on Sunday evening. The S&P 500 and NASDAQ Composite closed at record highs on Friday, supported by strength in megacap technology stocks. Oil prices climbed in Asian trading on Monday after U.S.-Iran negotiations stalled over the weekend. Investor focus now shifts to a crucial week for corporate earnings, with Microsoft, Alphabet, Amazon, Meta Platforms, and Apple set to report results. The Federal Reserve's policy decision on Wednesday could mark the final meeting led by Chair Jerome Powell before Kevin Warsh takes over in May.
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