December S&P 500 E-Mini futures (ESZ24) are up +0.37%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.48% this morning as investors looked ahead to earnings reports from some of the biggest tech heavyweights as well as key economic data, including a payrolls report, the Fed’s favorite inflation gauge, and the first estimate of third-quarter GDP.
Oil prices plunged on Monday after Iran said that its oil industry was functioning normally following Israel’s retaliatory strikes on military targets across the country over the weekend. That resulted in some easing of geopolitical tension as markets geared up for a week filled with event risks.
