U.S. stock index futures pointed to a strong open on Monday boosted by a solid performance seen from international markets as geopolitical tensions ease.
Dow Jones industrial average futures rose 88 points, while S&P 500 futures jumped 12.75 points. Nasdaq 100 futures advanced 28.50 points as shares of Amazon, Tesla and Alphabet all rose in premarket trading.
Meanwhile, investors dumped safe-haven asset gold, as futures for December delivery fell 0.6 percent to 1,286.30 per ounce after hitting a two-month high last week.
"In our experience, geopolitical shocks tend to provide a buying opportunity, unless there is: an underlying economic slowdown (as was the case prior to Iraq invasion of Kuwait); clear cut overvaluation; or a monetary tightening," wrote Andrew Garthwaite, Credit Suisse global equity strategist, in a note to clients. "Even if the main proponents' behaviour may appear aggressive, their advisors and sponsors are likely to act as an ameliorating force."
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.2, down more than 15 percent. The index posted its largest weekly gain since December 2015 last week as the North Korea situation escalated with strong warnings from President Trump.
Meanwhile, no major data is set to come out on Monday.
Looking to commodities, oil prices edged lower on Monday as a slowdown in refining activity growth from China weighed on sentiment, according to Reuters.
At 7:45 a.m. ET, U.S. crude hovered around $48.58 per barrel, while Brent stood around $51.76.
Sourse: CNBC, Alexandra Gibbs