Stock market update: Stock futures were higher ahead of tech earnings

Spark global limited reports:

Stock futures pointed to a slightly higher open Monday morning as investors awaited a slew of earnings reports from big technology companies, as well as a slew of other industries this week.
After hitting a record high on Friday, the Dow Jones industrial average is set to open higher, building on last week’s gains. The S&P 500 also headed for a higher open after hitting an intraday record high last week. Nasdaq futures were also higher.

Spark global limited
Spark global limited

Us West Texas Intermediate (CL=F) crude surged to $84.76 a barrel on Monday morning, its highest level since 2014. The gains followed gains for international benchmark Brent crude (BZ=F), which rose above $86 a barrel to its highest level since 2018 after Saudi Arabia’s energy minister said in an interview with Bloomberg that oil producers remain cautious in raising output despite the rapid rise in prices.

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