U.S. stock futures are slightly higher Tuesday following Monday’s strong AI-led rally, with the Nasdaq reaching a record close. Falling oil prices and easing energy-supply concerns are supporting sentiment, while investors remain focused on AI stocks, Treasury yields, Fed commentary and geopolitical developments. Market Snapshot Dow Futures: ~+0.35% S&P 500 Futures: ~+0.07% Nasdaq 100 Futures: ~+0.04% 10-Year Treasury Yield: ~4.93% Brent Crude: ~$98.50 WTI Crude: ~$93 VIX: ~14.71 Bitcoin: ~$86K Gold: ~$4,356 Key Market Drivers AI & Semiconductor Stocks Remain in Focus AI stocks continue to attract attention following Monday’s strong rally. $META surged around 11%, $AMD gained nearly 10% and crossed the $1 trillion market-cap level, while $INTC also posted strong gains. AI infrastructure and semiconductor spending remain major themes across the technology sector. Oil Prices Fall Below $100 Brent crude has moved below $100, with prices pressured by improving supply expectations. Saudi Arabia is testing its East-West pipeline, which could help restore oil flows and reduce reliance on the Strait of Hormuz. Middle East Developments Markets are closely watching developments involving the U.S., Iran and the Strait of Hormuz. Any progress toward easing supply disruptions could put further pressure on crude prices, while renewed tensions could quickly reverse the move. Treasury Yields Ease The 10-year Treasury yield is around 4.93%, moving below the 5% level. Lower yields can provide some relief for growth and technology stocks, although rates remain an important market factor. U.S.–China Talks in Focus Investors continue to watch potential Trump–Xi discussions, with trade, tariffs and AI-related issues among the key areas of interest. Developments could affect technology, semiconductor and China-related stocks. Fed Speakers & Economic Data Markets will hear from New York Fed President John Williams, Fed Vice Chair Philip Jefferson and Richmond Fed President Thomas Barkin. Investors will also watch the Richmond Fed Manufacturing Index, Treasury bill announcements and the 2-Year Treasury auction for signals on growth, liquidity and interest-rate expectations. Earnings & Stocks to Watch Key companies reporting today include $AZO, $THO and $MLKN before the market opens, followed by $KBH and $WOR after the close. $META, $AMD, $INTC and $SHOP remain among the notable technology names in focus. Global Markets European and Asian markets are broadly supported by lower oil prices and continued AI optimism, while investors remain cautious around Middle East developments and global interest rates. Market Outlook The market is balancing several major themes: AI strength + lower oil + easing yields + U.S.–China developments + Middle East risks Continued strength in AI and semiconductors, combined with lower oil and Treasury yields, could remain supportive for growth stocks. However, Fed commentary, energy prices and geopolitical developments remain important catalysts. Bottom Line The U.S. market is starting Tuesday with futures slightly higher after a strong AI-driven session. The main areas to watch today are AI/semiconductors, crude oil, Treasury yields, Fed speakers, U.S.–China developments and Middle East headlines.