India, July 20 -- US stock futures are trading higher this Monday morning, pointing to a rebound on Wall Street after a sharp sell-off wiped out gains last week. Equity markets are gaining traction as a pullback in crude oil prices and rising hopes for diplomatic talks calm geopolitical anxieties.

U.S. Market Snapshot

Nasdaq Lead: Nasdaq-100 futures jumped 1.0%, spearheading premarket gains as beaten-down chipmakers bounce back.

S&P 500 Rise: Futures tied to the benchmark index gained 0.5%, recovering from a 1.6% drop last week.

Dow Rebound: Dow Jones Industrial Average futures rose by 203 points (0.4%), finding solid footing after closing lower on Friday.

Dow Jones Today

The Dow Jones Industrial Average started today's session high...