Trading in the index futures suggests a negative opening by Wall Street stocks on Tuesday ahead of earnings from tech behemoths Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) and Microsoft Corp.
The CNN Money Fear and Greed index moved to the "Greed" zone on Monday.
The Dow Jones jumped more than 300 points during the session, as investors digested news of an oil output cut from the OPEC+.
OPEC+, a consortium comprising 22 oil-producing nations, announced Sunday coordinated production cuts that could aggregate to about 1.16 million barrels per day.
Morgan Stanley’s Global Energy & Power conference hosted in New York City last week dwelled around meeting the world’s growing energy needs while balancing a lower carbon future.