S&P 500 Futures Flat Amid Rising Oil Prices and Fed Decision

S&P 500 futures remained unchanged as oil prices increased about 4%, reaching $82 per barrel, following an intercepted missile attack by Iran on U.S. forces. The Dow Jones rose more than 500 points, marking its third consecutive winning day, while the Nasdaq Composite fell for the fifth straight session. Fed funds futures indicate a nearly 70% chance that the Federal Reserve will maintain rates between 3.5% and 3.75%. Investors are monitoring upcoming earnings reports from companies like Procter & Gamble and tech giants including Microsoft (MSFT) and Meta Platforms (META). Understanding market reactions to these factors is crucial for ordinary investors as it may influence future stock performances.