Stock market today: US futures rise as nerves settle after Iran attack

US stock futures rose Monday as worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes. S&P 500 futures added 0.4%, while Dow Jones Industrial Average moved up roughly 0.3% after ending the week with sharp losses. The tech-heavy Nasdaq 100 led gains, with futures up 0.5%.

Stocks have come under pressure as earnings season got off to a lackluster start and concerns persist that inflation has stalled in cooling to the Federal Reserve's 2% target. Traders have scaled back bets on the depth of Fed interest-rate cuts this year in the face of disappointing economic data. Eyes are now on results from Wall Street heavyweights Goldman Sachs and Charles Schwab later on Monday, given many investors are looking to corporate results to revive the early 2024 equity rally.

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Source: SooToday - 🏆 8. / 85 Read more »