Stock market today: Dow, S&P 500, Nasdaq futures rise entering shortened week featuring jobs data, war uncertainty

Market Overview - US stock futures rose as Wall Street entered an Easter-shortened trading week, with Dow Jones Industrial Average futures up by 0.3%, S&P 500 and Nasdaq 100 futures both increasing by 0.4% [1] - Oil prices increased, with Brent crude rising by 3% to $108 per barrel and West Texas Intermediate gaining nearly 2% to trade just above $100 [1] Economic Indicators - Attention is focused on upcoming labor market indicators, including the Job Openings and Labor Turnover Survey (JOLTS) and the ADP private payrolls report, with the March jobs report expected to be significant due to recent job number volatility [6] Corporate Earnings - Earnings reports from Nike may provide insights into consumer trends, while USA Rare Earth and Trilogy Metals will offer a health check on the minerals industry [7] Stock Market Performance - The major stock indexes closed with significant losses, with the Dow dropping nearly 800 points and the S&P 500 reaching its lowest level in months, marking a fifth consecutive weekly decline [3] - The "Magnificent Seven" companies, previously favored for their AI focus, lost $850 billion in market value over the past week, primarily due to Meta and Google's legal challenges regarding social media addiction [5] Geopolitical Impact - Ongoing instability from the US-Israeli war with Iran has negatively affected market sentiment, pushing the Dow into correction territory alongside the Nasdaq [4]