Investing.com – U.S. stock index futures rallied on Monday as a sharp drop in oil prices eased inflation concerns and lifted investor sentiment ahead of a pivotal week featuring the Federal Reserve’s latest interest rate decision and earnings from several mega-cap technology companies.
By 06:48 ET (10:48 GMT), Futures had climbed 1.01%, Futures surged 1.61%, and Futures advanced 1.03%, pointing to a strong start on Wall Street after all three major indexes posted weekly losses.
Crude prices fell around 5% after reports that the United States and Iran had paused military strikes over the weekend, with Washington signaling openness to renewed diplomatic talks and Tehran engaging Oman on reopening the Strait of Hormuz. The decline in oil prices boosted risk appetite while easing concerns that higher energy costs could complicate the Federal Reserve’s policy outlook.
Here are some of the biggest premarket U.S. stock movers today:
surged 11% in premarket trading after announcing that AT&T had expanded its use of the company’s quantum computing technology across its network operations.
AT&T plans to deploy D-Wave’s annealing quantum computing technology to optimize network operations, initially integrating it into agentic AI tools that the telecom company said helped reduce customer downtime by 12 million hours in 2025.
rose 4% and gained 6% after the Wall Street Journal reported that is discussing roughly $250 billion in financing guarantees for ’s planned data centre project in Ohio.
According to the report, Nvidia is also in talks to help finance as much as $350 billion in chip purchases for OpenAI, a move that would support one of the world’s largest AI infrastructure projects while securing long-term demand for Nvidia’s processors.
climbed 8.9% as investors continued to respond to last week’s FDA approval of LYTENAVA for wet age-related macular degeneration.
The rally was further supported after BTIG upgraded the stock to Buy with a $4.00 price target, citing the company’s opportunity in the roughly $8.5 billion U.S. retinal treatment market.
advanced 1.2% after BMO Capital upgraded the staffing company to Outperform from Market Perform, saying the second quarter likely marked the cyclical bottom for the business and forecasting a return to revenue growth and margin expansion beginning in the third quarter.
rose 6.2% in U.S. premarket trading, tracking gains in South Korea after the government unveiled approximately $950 billion of new AI initiatives involving Samsung, SK Group and U.S. technology companies ahead of key semiconductor earnings later this week.
and fell more than 3% after dropped over 8% to around $90 per barrel.
Oil prices retreated after reports that the United States and Iran had paused military action and resumed diplomatic engagement, reducing fears of a prolonged disruption to energy supplies through the Strait of Hormuz.
