The S&P 500 futures currently trade 31 points above fair value.
OPEC+ announced a 137k-barrel output increase in November, in line with reports from last week. The energy sector finished with a 3.4% loss last week as crude oil prices fell in response to the reports.
So far this morning, the price of oil has increased $0.53 to $61.41, an increase of 0.9%.
There are no economic data releases today.