US stock futures mostly lower after surprise OPEC move on oil
U.S. stock futures were mostly lower Monday as investors reacted to a surge in oil prices after a surprise production cut was announced by Saudi Arabia and its allies. Dow Jones Industrial Average futures YM00, +0.30% rose 90 points, or 0.3%, to 33550. S&P 500 futures ES00, -0.14% dropped 7 points, or 0.2%, to 4131. Nasdaq 100 futures NQ00, -0.68% decreased 90 points, or 0.7%, to 13212. On Friday, the Dow Jones Industrial Average DJIA, +1.26% rose 415 points, or 1.26%, to 33274, the S&P 500 SPX, +1.44% increased 58 points, or 1.44%, to 4109, and the Nasdaq Composite COMP,…
