Stock Futures Jump to Kick Off Crunch Week as Market Focuses on the Fed and Big Tech Earnings

Stocks looked set to rally on Monday as oil prices retreated, helping to ease investors’ worries about higher inflation at the start of a week that will be defined by a Federal Reserve policy decision and a slew of mega-cap tech earnings. Nasdaq 100 futures jumped 1.4%. The three major indexes all dropped last week as tensions flared in the Middle East, driving up oil prices and bolstering the case for the Fed to hike interest rates.