US stock futures rose Monday, led by a 0.7% gain in Nasdaq-100 futures as Nvidia, Micron, AMD, and other AI-related stocks rallied ahead of Anthropic's anticipated IPO filing.
Oil prices declined, with Brent crude falling 1.4% and WTI dropping 2%, providing some relief to markets following the recent sell-off driven by geopolitical tensions and concerns over excessive AI spending.
The upcoming Fed decision is in focus, with markets pricing in a 90% probability of unchanged rates, although Bank of America expects a 0.25% rate hike.
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