USA: Futures Steady After Market Rebound.

US stock futures held steady on Tuesday after the major averages rebounded in the previous session as easing oil prices helped lift investor sentiment. In regular trading on Monday, the Dow rose 0.83%, the S&P 500 gained 1.01%, and the Nasdaq Composite jumped 1.22%. All 11 S&P sectors finished higher, led by technology, consumer discretionary, and communication services. Nvidia advanced 1.7% after CEO Jensen Huang said during the company’s annual GTC conference that he expects $1 trillion in orders for Nvidia’s Blackwell and Vera Rubin systems through 2027. Meanwhile, WTI crude dropped more than 5% as several tankers safely navigated the Strait of Hormuz, raising hopes the waterway could soon reopen. Investors now turn to the Federal Reserve’s upcoming policy decision on Wednesday as the central bank assesses the economic impact of the Iran war. Earnings are also due from Lululemon, Docusign, and Oklo on Tuesday.