U.S. stock futures moved sharply higher Tuesday morning as oil prices fell more than 5% following signs of easing geopolitical tensions in the Middle East. Investors are shifting their focus to a pivotal week featuring the Federal Reserve's interest rate decision and earnings from several major technology companies. 📊 Market Snapshot Nasdaq Futures: ▲ 1.36% S&P 500 Futures: ▲ 0.85% Dow Futures: ▲ 1.12% Brent Crude: $86.92 (-5.19%) U.S. 10-Year Treasury Yield: 4.650% VIX: ▼ 4.14% Gold: ▲ 0.44% Bitcoin: ▲ 0.42% 🔍 Market Drivers 🛢️ Oil Prices Retreat Brent crude dropped below $87 per barrel after the Trump administration paused plans to escalate military action against Iran, easing immediate concerns over global oil supply disruptions. However, risks surrounding the Red Sea and Strait of Hormuz remain in focus. 📈 Futures Jump Lower energy prices boosted investor sentiment, lifting U.S. equity futures while Treasury yields declined and market volatility eased. 💻 Big Tech Earnings Ahead Markets are preparing for earnings from several Magnificent Seven companies this week, with investors closely watching AI spending, cloud demand, and corporate guidance. 🏦 Federal Reserve in Focus The FOMC policy decision on Wednesday remains the week's biggest macro event. Investors will be looking for any signals on the future direction of interest rates and inflation. 📌 Market Outlook Markets have started the week on a positive note as lower oil prices improve risk appetite. However, the combination of Big Tech earnings, the Federal Reserve meeting, and ongoing geopolitical developments is likely to keep volatility elevated throughout the week.