×

Dow futures rise 100 points; US politics, oil in focus

U.S. stock index futures futures pointed to a higher open on Monday, as investors digest the latest from Sunday's second U.S. presidential debate, while keeping an eye on the oil price.

Donald Trump is seen speaking on a monitor as traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.
Michael Nagle | Bloomberg | Getty Images
Donald Trump is seen speaking on a monitor as traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.

Dow futures rose more than 100 points, while S&P and Nasdaq futures gained 11.75 points and 24.25 points, respectively.

On Sunday night, presidential candidates Donald Trump and Hillary Clinton took to the stage at Washington University to participate in the second U.S. presidential debate ahead of the election in November, discussing topics from Obamacare to taxes and U.S. policy on the Syria civil war.

Throughout the entire debate, U.S. stock index futures held a slightly higher position, with no evident winner coming out of the debate, according to several analysts' readings of the political event.

"I think the market declared it a draw and has no more clue after debate then before, at least not in watching the S&P futures," said JJ Kinahan, chief strategist at TD Ameritrade.

While investors deliberate over who came out on top and what this means for markets, oil prices are expected to keep them on edge on Monday. U.S. WTI last stood around $50.60 per barrel, while Brent hovered around $52.80.

Columbus Day means it's set to be a quiet one on the data front, but investors are expected to continue digesting Friday's nonfarm payrolls report, which showed that the U.S. economy added 156,000 jobs during the month of September.

Investors will likely shift their attention to a speech by Chicago Federal Reserve President Charles Evans, who is due to speak about the economy and monetary policy in Sydney, Australia at the Australian Business Economists Luncheon. The speech is due at 10 p.m. ET on Monday (1.00 p.m. local time on Tuesday).


Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

European stocks traded traded higher, while Asia-Pacific indexes were mostly mixed overnight. In the previous session, U.S. markets closed lower.

No significant earnings reports are due out on Monday. Meanwhile, U.S. bond markets are closed for the day, as the U.S. celebrates Columbus Day.

CNBC's Evelyn Cheng contributed to this report.

Follow CNBC International on Twitter and Facebook.