Nasdaq, Dow Futures Pop Triple Digits as Yields, Crude Pull Back

Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) are climbing triple digits this morning, as Treasury yields pivot into the red alongside sinking West Texas Intermediate (WTI) crude. Oil slid to $87 per barrel after President Donald Trump signed an executive order to allow the use of red-dyed diesel on highways to offset recent price spikes. The S&P 500 Index (SPX) is also comfortably higher before the open, with a boost stemming from an upbeat chip sector. Investors are awaiting the release of the September Federal Open Market Committee (FOMC) meeting minutes, due out Wednesday at 2 p.m. ET. 

Continue reading for more on today's market, including:

• Signal: Nvidia stock still has room to grow.
• 3 NYSE stocks with red-hot options.
• Plus, Google's newest contract; Berkshire bets on homebuilder; and PG gets an upgrade.

5 Things You Need to Know Today

1. The Cboe Option Exchange saw roughly 2.5 million call contracts and 1.5 million put contracts traded on Monday. The single-session equity put/call ratio rose to 0.59, while the 21-day moving average remained at 0.59. 
2. Alphabet Inc (NASDAQ:GOOGL) is rising 0.5% in premarket trading, after Google revealed its new partnership with Constellation Energy (CEG), which will support a more than $4.3 billion investment in the renewable power giant. Over the past 12 months, GOOGL has added 41%.
3. Lennar Corporation (NYSE:LEN) is climbing 1.4% before the bell, after Berkshire Hathaway (BRK.A) disclosed its purchase of 2.4 million shares of the homebuilding name. LEN has struggled this year, yesterday hitting a four-year low of $73.75, now off 27% for 2026.
4. Consumer goods producer Procter & Gamble Co (NYSE:PG) is up 1.3% ahead of the open, after landing an upgrade to "outperform" from "in line" and price-target hike to $166 from $161 at Evercore ISI. The firm cited PG's Q1 will likely end downside risk. PG is currently working its way further above its year-to-date breakeven mark.
5. This week is fairly quiet, with Federal Open Market Committee (FOMC) meeting minutes on tap tomorrow. 

European Markets Enjoy Healthy Gains

Asian markets finished the session mixed as Chinese stocks were closed for the Golden week holiday. Elsewhere, Japan’s Nikkei gained 1.1%, Hong Kong’s Hang Seng added 1%, and South Korea’s Kospi dropped 0.9%.

European bourses are higher today as investors gear up for earnings season and attempt to shake off tax hike fears after a former chief economist of the Bank of England warned the nation is on “thin ice.” Global bond yields are easing as well. London’s FTSE is up 0.3%, while Germany’s DAX and France’s CAC are 0.6% and 0.5% higher, respectively.