After ending last week’s trading on an upbeat note, stocks may move back to the downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.
The downward momentum on Wall Street comes amid a substantial rebound by the price of crude oil, which has been a key driver of trading in recent sessions.
U.S. crude oil futures are surging by 2.6 percent after tumbling by 2.3 percent during last Friday’s trading after President Donald Trump rejected Iran’s conditional proposal for reopening the Strait of Hormuz.
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Futures Pointing To Initial Pullback On Wall Street
2026-09-28 12:56:44
