International and U.S. oil prices each rose to their highest levels since early June, with Brent crude futures briefly topping $90 a barrel. That helped push bond yields up slightly, as traders assessed whether rising energy costs would stoke inflationary pressures again.

The chip-stock selloff that dominated last week looks set to pause today, with U.S. stock futures edging up. Indexes in China rebounded following Friday's surprise release of a breakthrough artificial-intelligence model from Beijing-based Moonshot AI, which spurred a selloff in AI-related stocks globally.

Second-quarter earnings season rolls on, with results due from companies including Alphabet, Tesla, IBM and Intel over the next days. Otherwise, it's a quiet week for economic data and Fed speak, with policymakers in a blackout period ahead of next Wednesday's interest-rate decision.