Occidental Petroleum Corporation (NYSE: OXY) and
Devon Energy Corp (NYSE: DVN). Fed Governor Michelle W. Bowman will speak at 11:10 a.m. ET, while the NY Empire State Manufacturing Index is scheduled to be released at 8:30 a.m. ET.
Futures for the Dow Jones Industrial Average climbed 203 points to 31,600 while the Standard & Poor’s 500 index futures traded rose 19.90 points to 3,951. Futures for the Nasdaq 100 index gained 56.50 points to 13,861.25.
Oil prices traded lower as Brent crude futures fell 1.5% to trade at $58.49 per barrel, while US WTI crude futures fell 1.6% to trade at $52.72 a barrel.
A Peek Into Global Markets
European markets were mostly higher today, with the UK's FTSE index rising 2.52%, Spanish Ibex Index climbing 1.84%, French CAC 40 Index gaining 1.45%, STOXX Europe 600 Index rising 1.31% and German DAX 30 index inching up 0.42%.