U.S. stock futures edged lower Monday morning as oil prices climbed and investors prepared for this week’s Federal Reserve decision. The immediate pressure came from supply concerns after Saudi Arabia shut down a major pipeline following an attack. Brent crude rose 2.6% to $107.28 a barrel, while U.S. benchmark crude gained 2.5% to $102.57 in an early-morning market report. Source: Associated Press.
Friday’s Starting Point
Wall Street enters the session after a Friday rebound. The S&P 500 closed at 7,656.98, up 0.9%; the Dow gained 1% to 52,573.29; and the Nasdaq rose 1% to 26,333.04. Those are Friday closing levels, not Monday opening prices. Source: Associated Press.
Overseas Markets and Oil
Overseas trading pointed to a cautious start. South Korea’s Kospi fell 3.3%, and Japan’s Nikkei declined 0.8%. SoftBank shares dropped 10.7% amid renewed debate about the pace of artificial-intelligence development. In early European trading, France’s CAC 40 and Germany’s DAX were lower, while Britain’s FTSE 100 rose. Source: Associated Press.
What to Watch This Week
The next major scheduled catalyst is the Fed’s September 15–16 meeting. Its policy announcement is scheduled for Wednesday at 2:00 p.m. ET, followed by a 2:30 p.m. ET press conference. Until then, oil prices, Treasury yields and technology shares are the key signals to watch for whether Friday’s rebound can hold. Source: Federal Reserve calendar.
Market figures reflect the cited early-morning report and may have changed. This is general market information, not investment advice.
