FX.co ★ US Futures Rebound

US equity futures rose sharply on Monday, supported by signs of easing tensions in the Middle East and a pause in the recent selloff in semiconductor stocks. Futures on the S&P 500 and Nasdaq 100 were up about 1%, while Dow Jones Industrial Average contracts gained 0.4%.

Iran signaled it had concluded its military operation against Israel following strikes over the weekend, tempering fears of a broader regional escalation that could disrupt ongoing talks between Tehran and Washington to end the wider conflict. In response, energy prices and US Treasury yields trimmed their earlier rebound, offering additional support to risk assets.

At the same time, investors began to reestablish speculative positions tied to the AI-driven economy after last week’s pullback in chipmakers, which was triggered by Broadcom’s earnings. Nvidia climbed more than 2% in premarket trading, while Micron Technology and Marvell Technology each advanced over 4%.

The strength of AI infrastructure and data center investment will face a fresh test on Wednesday evening when Oracle reports earnings. Oracle shares were up about 2% ahead of the release.