Stock indices futures in the oil-sensitive markets climbed

Stock indices futures in the oil-sensitive markets climbed, with S&P/TSX futures up 0.4%, tracking crude above $82/barrel, pointing to potential gains in energy-heavy portfolios ahead of weekly inventory data. In yesterday’s trading session, Wall Street’s main stock indexes closed higher. Chip stocks advanced, with GlobalFoundries (GFS) and Micron Technology (MU) rising over +4%. Also, Applovin (APP) climbed more than +6% and was the top percentage gainer on the Nasdaq 100 after Phillip Securities initiated coverage of the stock with an Accumulate rating and $725 price target. In addition, Merus N.V. (MRUS) jumped nearly +36% after Genmab agreed to acquire the company for about $8 billion in cash. On the bearish side, Carnival (CCL) slid about -4% even as the company posted better-than-expected FQ3 results and raised its full-year adjusted EPS guidance. In light of the government shutdown, the publication of September’s nonfarm payrolls report, average hourly earnings, and unemployment rate, originally set for today, will likely be delayed. US stock indices futures indicated cautious optimism, supported by an uptick in tech sector sentiment after AI chipmaker earnings beat forecasts, leading Nasdaq futures to outperform, up 0.45% in premarket trade.