Oil Drops, Stock Futures Rise as US-Iran Fighting Pauses
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- Oil prices tumbled and U.S. stock-index futures rallied Sunday as the U.S. and Iran took a pause from fighting, according to the source
- Wall Street is gearing up for the Fed's meeting and key earnings reports from Big Tech companies this week, per the report
Why it matters: The U.S.-Iran pause has already moved two major asset classes — oil down, equity futures up — handing investors a calmer backdrop to absorb the Fed's policy signal and Big Tech earnings, which the source flags as the two catalysts dominating the week ahead.