U.S. futures are pointing to a lower open this morning amid escalating geopolitical tensions, which have sent oil prices surging over 7%. The market is bracing for a volatile session as investors digest the overnight developments.
Stocks to Watch
- Exxon Mobil Corporation, ConocoPhillips, and Occidental Petroleum Corporation: Energy stocks are leading pre-market gains after the sharp rise in crude oil prices.
- Apple Inc.: The company is in the spotlight following its partnership with Alphabet to integrate the Gemini AI model into Apple Intelligence.
- Broadcom Inc.: Shares are gaining momentum after the company announced new AI chip deals, highlighting its expanding role in the sector.
- Goldman Sachs and JPMorgan Chase: These financial giants are set to report earnings this week, marking the unofficial start of the first-quarter earnings season.
Looking ahead, all eyes will be on the energy sector and any further geopolitical developments. The market's focus will also shift to corporate performance as the Q1 earnings season gets underway.