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US futures climb on AI rally and oil dip as merger talks surface

Reported by Rituparna Sen (Section Editor) · Economic Times - Markets ·

Verified — Confirmed by a second source: Livemint - Markets

Confirmed by a second source: Livemint - Markets

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US futures climb on AI rally and oil dip as merger talks surfaceRepresentative image · Pexels

US stock futures rose on Monday as AI‑related shares rallied and oil prices slipped. Gains in AI stocks lifted futures while Treasury yields fell sharply. Crude oil dropped about 2%, reaching an 11‑day low after reports of progress in Middle East peace talks. Warner Bros shares jumped 7.1% after a report said Paramount Pictures had discussed concessions in advanced settlement talks with California’s attorney general, a move that could clear the way for the proposed merger of the two studios.

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