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US stock index futures jump as oil falls about 6%

Reuters
US stock index futures jump as oil falls about 6%

Nov 2 (Reuters) - US ‌stock index futures extended gains on ​Monday, with ‌crude oil prices tumbling ‌close to 6% as talks between Iranian and ‌Qatari officials on a deal to end the US-Israeli war on Iran raised hopes ⁠that Middle East supply ‌disruptions could ease.

Contacts ⁠between Iran and the United ​States to end their eight-month war are continuing, ​Tehran's foreign ministry said ​on ‌Monday. Brent crude futures dropped ​5.9% to $106.76 a ⁠barrel after jumping more ‌than 2% ​in the ​last session.

At 8:50 a.m. ET, Dow E-minis were up 307 points, or 0.59%, and ‌S&P 500 E-minis were up 37 points, or ‌0.49%. ​Nasdaq 100 E-minis were up 245.75 points, or 0.86%.

(Reporting by Shashwat Chauhan in Bengaluru; ‌Editing by Maju Samuel)