[MARKET UPDATE] US index futures begin the week with slight gains (Emini S&P +0.1%, Emini Nasdaq 100 +0.2%) following last Friday's dovish reaction to the weak NFP report, while oil edges higher amid US-Iran stalemate and after attack on Aramco facility

Monday openings after a soft payrolls print follow a familiar pattern: futures inherit the prior session's dovish repricing of the front end, and the question is whether follow-through extends the move or fades once cash trading tests it, which in past episodes has depended on whether the weak print reads as labour-market cooling or as an outlier awaiting revision. The oil bid here has two distinct drivers that behave differently: diplomatic stalemate tends to price a slow-moving risk premium through the back of the curve and options skew, while a physical strike on Saudi infrastructure prices through prompt spreads and refining margins, and episodes combining the two have historically held gains longer than either alone, though single-facility attacks without confirmed supply loss have tended to retrace within sessions. The distinction worth drawing is between disruption headlines and actual export impairment, which is what separates a fading spike from a sustained repricing of the Brent complex. What follows in the usual sequence is confirmation or denial of damage from the producer, any diplomatic response from Washington, and whether rates markets carry Friday's repricing into the week's data calendar. As an opening update rather than a catalyst, the signal is one of continuity, not new information.