U.S. Stock Futures Rise as Investors Weigh Middle East Tensions and Tech Earnings, Signaling Sector Rotation

U.S. stock futures are showing gains as investors assess escalating tensions in the Middle East and upcoming tech earnings. This indicates a structural rotation in the market, with capital potentially shifting from overextended technology stocks towards defensive and cyclical sectors such as industrials and energy. Renewed friction between the U.S. and Iran has notably driven WTI crude oil prices higher, positioning the energy sector as a key defensive hedge. The market outlook is also influenced by the highly anticipated Federal Open Market Committee (FOMC) decision scheduled for July 28-29.