Stock Futures Climb, Oil Falls as U.S., Iran Pause Attacks
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- U.S. and Iran paused attacks, sending stock futures higher and oil prices lower at the start of the trading week
- Chipmakers and tech stocks led a broader market rebound, lifting the Nasdaq as investors positioned ahead of upcoming earnings
Why it matters: A pause in U.S.-Iran attacks drove oil prices lower while pushing stock futures and tech stocks higher at the weekly open. The relief rally hands momentum back to chipmakers and tech heading into earnings season, where upcoming results become the next catalyst for the Nasdaq's rally.
