US Stock Futures Rise as Mood Brightens, Oil Falls: Markets Wrap

US equity-index futures rose after a volatile week as optimism grew over potential Federal Reserve interest-rate cuts and reports that US officials may allow Nvidia Corp. to sell AI chips to China.

Futures on the S&P 500 and Nasdaq 100 gained about 0.5% as the new week began, after the underlying gauges gained Friday to close out a turbulent stretch marked by a selloff in riskier corners of the market. Bitcoin edged lower Monday, giving up some of the gains from a rally during the weekend. Shares in Australia and South Korea also opened higher, while Japan is closed for ...