Stock futures little changed as indexes open June near record highs
U.S. stock futures traded nearly flat Sunday night ahead of the June open. Major indexes finished May with gains after the U.S. and Iran agreed to extend a ceasefire.
CnbcStock futures tied to the Dow Jones Industrial Average fell 30 points in overnight trading Sunday. Futures linked to the S&P 500 and the Nasdaq 100 index showed no change. The three major indexes posted gains in May. The tech-heavy Nasdaq Composite rose more than 8 percent for the month.
The S&P 500 gained about 5 percent and the Dow Jones Industrial Average added nearly 3 percent. The major averages reached fresh highs on Friday after the U.S. and Iran reached a 60-day memorandum of understanding to extend the ceasefire.
Market reaction and oil prices Oil prices rose Sunday after falling Friday.
West Texas Intermediate crude futures increased 1.8 percent to $88.83 a barrel. Brent crude futures climbed 1.5 percent to $92.52 a barrel. The U.S. benchmark recorded its steepest monthly decline since April 2025, falling nearly 17 percent in May.
Upcoming data Investors will focus on Friday's nonfarm payrolls report for information on labor-market conditions and Federal Reserve policy outlook.
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