Markets are rallying, with Nasdaq 100 futures up 2.2%, S&P 500 up 1.8%, and other indices showing strength. The 10-year Treasury yield is down to 4.43%, and crude oil rose 1.3% as OPEC cut demand forecasts. Gold is under slight pressure but continues to outperform.

The rally is fueled by the White House exempting key electronics from tariffs, boosting tech stocks. Apple is up 6.5%, Nvidia 3.5%, Best Buy 8%, and Intel 4% after announcing a $8.75B deal to sell 51% of Altera to Silver Lake.

Goldman Sachs is up 2% after strong earnings, while JP Morgan and Wells Fargo show modest gains. Pfizer remains flat but paused development of a weight-loss pill due to safety concerns. Viking Therapeutics surged 20% on the news.

Palantir jumped 8% after announcing a NATO contract, and Sprouts is showing early signs of a breakout.

Upcoming earnings: Bank of America and Citigroup (Tuesday), Travelers and Progressive (Wednesday), and major names like Netflix, UnitedHealth, and Taiwan Semiconductor report Thursday