Why are S&P 500 futures higher this morning?

Oil slipping under US$100 reduced near-term inflation fears and eased geopolitical jitters, which improves risk appetite. De-escalation remarks around Iran helped stabilize crude. With yields steady, equity futures found support. Traders expect a rebound to extend if crude stays below triple digits and breadth improves at the US open.

What levels matter for the S&P 500 today?

We are watching support near 6,770, the 50-day average around 6,902, and the 200-day near 6,583. Holding above 6,770 keeps rebound chances intact. A sustained move over the 50-day would shift tone more positive. Failing those levels risks a retest of recent lows and wider ranges.

How should Canadian investors adjust positioning?

Balance energy exposure with banks, utilities, and REITs as oil cools. Use staggered buys into US exposure like SPY or VOO, and keep an eye on CAD impact. Let market breadth confirm strength before adding. Keep position sizes moderate while geopolitical and inflation headlines drive day-to-day swings.

Are S&P 500 ETFs better than picking stocks now?

In choppy markets, broad ETFs can lower single-stock risk. SPY and VOO provide liquid, low-cost access to the index. With momentum soft, dollar-cost averaging helps manage timing. Add only if support holds and use a clear exit plan. Consider currency hedging based on your Canadian dollar outlook.

Global Market Insights

^GSPC Today, March 10: Futures Rebound as Oil Retreats Under $100

ByHuzaifa Zahoor March 10, 2026March 10, 2026

S&P 500 today is set to open higher as oil eases under US$100, taking pressure off inflation worries. West Texas Intermediate hovered near US$94.77 after tensions around Iran cooled, helping futures stabilize. For Canadian investors, a softer crude move may weigh on TSX energy but support rate-sensitive sectors. We track S&P 500 futures, technical levels on ^GSPC, and ETF options to manage risk. S&P 500 today remains sensitive to headlines from the Middle East and any supply shifts near Hormuz.