U.S. stock futures rose Monday as AI-related shares rallied and crude prices dropped about 2%.
U.S. stock futures moved higher Monday as AI-related shares rebounded and crude prices fell roughly 2%. Lower oil prices eased some inflation concern and helped Treasury yields move lower.
That drop is immediately relevant to airlines because fuel is one of their largest variable costs. Crude’s slide helped shares of Delta and American Airlines and softened one source of broader inflation pressure.