Futures Rise As Oil Slides Below $100 On Trump Iran Diplomacy Report, Tech Bounces Ahead Of Midterms

What happened: US futures rose as crude fell more than 4% after Axios reported Trump told Netanyahu he wants more time for diplomacy with Iran before resuming strikes. Tech rebounded ahead of the midterms. Key numbers: WTI fell to $99.59, Brent as low as about $108.40. Why it matters: The oil slide and tech bounce lifted sentiment into the midterms, though Iran's Supreme Leader ordered commanders to prepare for renewed confrontation, keeping the post-midterm strike window open. Goldman raised its year-end Brent forecast to $105 from $90. Coverage: 3 outlets in 24h

US futures rose as crude fell more than 4% after Axios reported Trump told Netanyahu he wants more time for diplomacy with Iran before resuming strikes. Tech rebounded ahead of the midterms.

The oil slide and tech bounce lifted sentiment into the midterms, though Iran's Supreme Leader ordered commanders to prepare for renewed confrontation, keeping the post-midterm strike window open. Goldman raised its year-end Brent forecast to $105 from $90.