Stock futures rise with Nasdaq set to add to records as oil prices decline

Tanaya Macheel

NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor on October 16, 2024 in New York City. Stocks made modest gains in morning trading following Tuesday's loses.  (Photo by Spencer Platt/Getty Images)

Traders work on the New York Stock Exchange floor on Oct. 16, 2024.

Spencer Platt | Getty Images

U.S. equity futures jumped on Monday as investors looked for a batch of megacap technology earnings to keep driving the Nasdaq Composite to new heights this week. A cooling geopolitical situation also aided risk sentiment.

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