At the time of writing, Dow futures, S&P 500 futures, and Nasdaq 100 futures were all trading higher.<\/p>\n
U.S. President Donald Trump left a White House meeting on Friday without signing off on the proposed Iran agreement.<\/p>\n
Oil futures jumped more than 2% higher in the overnight session after Israel ordered troops to push deeper into Lebanon, threatening a ceasefire between the U.S. and Iran.<\/p>\n
U.S. stock futures ticked higher in the overnight session headed into Monday with investors eyeing a build on a blockbuster May that sent major indexes to fresh records. Meanwhile, little progress has been made on the Iran war, which enters its fourth month on Monday.<\/p>\n
The Dow futures climbed 0.09%, the S&P 500 futures were 0.21% higher, and the Nasdaq 100 futures were up 0.45% as of 8.56 p.m ET.<\/p>\n
See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a><\/p>\n Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), Invesco QQQ Trust (QQQ) and SPDR Dow Jones Industrial Average ETF Trust (DIA) all traded in the green at the time of writing, with retail sentiment in the \u2018bullish\u2019 territory for SPY, in the \u2018neutral\u2019 territory for QQQ, and in the \u2018bearish\u2019 territory for DIA.<\/p>\n The iShares 20+ Year Treasury Bond ETF (TLT) was down about 0.59% amid \u2018bullish\u2019 sentiment.<\/p>\n How Did US Markets Fare Last Week? <\/p>\n On Friday, all three U.S. benchmark indexes closed higher, notching fresh 52-week highs on the last trading day of May.<\/p>\n The Dow Jones index added more than 350 points to close 0.72% higher. The S&P 500 closed up 0.22%, while the Nasdaq Composite was 0.20% higher at the close.<\/p>\n Index<\/p>\n Move<\/p>\n Close<\/p>\n Dow Jones Industrial Average<\/p>\n 0.72%<\/p>\n 51,032.46<\/p>\n S&P 500<\/p>\n 0.22%<\/p>\n 7,580.06<\/p>\n Nasdaq Composite<\/p>\n 0.20%<\/p>\n 26,972.62<\/p>\n US Market Drivers <\/p>\n U.S. stock markets clocked a record rally in May, with all three major indexes notching multiple records amid solid gains.<\/p>\n Technology shares largely fueled the uptick, with the tech-heavy Nasdaq Composite posting the strongest performance by gaining more than 8% for the month. Meanwhile, the S&P 500 added about 5% and the Dow Jones Industrial Average gained nearly 3% for the month of May.<\/p>\n Major U.S. indexes closed at fresh highs on Friday amid reports of the U.S. and Iran reaching a 60-day memorandum of understanding to extend the ceasefire between the two countries.<\/p>\n U.S. President Donald Trump left a White House meeting on Friday without signing off on the proposed Iran agreement. According to a report from Axios, he requested revisions to key provisions involving Iran\u2019s nuclear materials.<\/p>\n Story Continues <\/p>\n Speaking earlier Saturday in an interview with his daughter-in-law, Lara Trump, on Fox News, Trump said he is in \u201cno hurry\u201d to finalize an agreement with Iran, emphasizing that his administration\u2019s priority is preventing Tehran from obtaining a nuclear weapon. While he said he would welcome a swift resolution, he stressed that he is unwilling to rush negotiations and warned that military action remains an option if talks fail.<\/p>\n \u201cI\u2019d like to say I\u2019m in a hurry because gasoline prices are going to come tumbling down, but if you\u2019re going to be in a hurry, you\u2019re not going to make a good deal,\u201d Trump said in the interview. \u201cAnd slowly but surely we\u2019re getting, I think, what we want, and if we don\u2019t get what we want we\u2019re going to end it a different way.\u201d<\/p>\n \u201cWe\u2019re going to make a great deal, [otherwise] we\u2019ll just go back and finish it off militarily,\u201d he said.<\/p>\n In a post on Truth Social on Sunday, the President clarified that the deal with Iran \u201cvery clearly\u201d states \u201cthat Iran will not have a Nuclear Weapon.\u201d<\/p>\n \u201cIt then goes on, in very strong and lengthy detail, to discuss various other aspects of Nuclear. In fact, that\u2019s what most of the agreement is about,\u201d he added.<\/p>\n \u201cTrump clearly doesn\u2019t want to escalate and is looking for an off-ramp. Some type of a pact is very likely, and markets largely assume a sustained cessation of hostilities,\u201d Adam Crisafulli, founder of Vital Knowledge, said as per CNBC. \u201cAn actual announcement will probably trigger a \u2018sell the news\u2019 reaction for the overall S&P 500.\u201d<\/p>\n On the economic front, markets will be looking out for May\u2019s nonfarm payrolls report, expected on Friday, that will provide fresh insight into the health of the labor market and provide cues on what to expect from the Federal Reserve\u2019s interest rate policy in the upcoming months.<\/p>\n Trending Stocks To Watch <\/p>\n BigBear.ai Holdings Inc. (BBAI): The AI and analytics company jumped onto the retail radar after clocking the best weekly gains in about eight months. Shares of BBAI were trading more than 3% higher in the overnight session headed into Monday even as retail touted possibilities for fresh target hikes on Wall Street.<\/p>\n Virgin Galactic Holdings Inc. (SPCE): The space tourism company\u2019s shares surged more than 17% overnight, extending Friday\u2019s gains after RichRich Capital disclosed a stake of more than 5% in the company, while reports that Blue Origin could be sidelined for years and growing excitement around the anticipated SpaceX IPO further fueled investor enthusiasm.<\/p>\n SoFi Technologies Inc. (SOFI): The digital financial services company gained more than 4% in the extended trading hours on Sunday, garnering retail attention as investors actively discussed the stock\u2019s inclusion in the S&P 500 in the next quarterly rebalance expected later in June.<\/p>\n International Business Machines Corp. (IBM): The company\u2019s stock gained nearly 10% overnight, fueled by a new $5 billion partnership commitment with Red Hat through \u2018Project Lightwell\u2019 and continued enthusiasm over the Trump administration\u2019s $2 billion backing of American quantum computing companies.<\/p>\n Global Market Trends <\/p>\n Oil futures jumped higher in the overnight session after Israel ordered troops to push deeper into Lebanon, threatening a ceasefire between the U.S. and Iran. Brent crude futures expiring in July were up more than 2%, trading at around $93.05 a barrel at the time of writing, while WTI crude futures expiring in June were about 2.4% higher, trading around $89.48 a barrel.<\/p>\n Meanwhile, yields on the 10-year Treasury rose to 4.469%, while gold prices fell to around $4,531.89 per ounce.<\/p>\n Asian markets were trading mixed on Monday. The KOSPI and the Nikkei 225 were trading higher at the time of writing. Meanwhile, the SSE Composite index and Australian stocks were trading lower at the open.<\/p>\n For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits’ news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy<\/a>. This article was originally published on StockTwits<\/a>.<\/p>\n Related:<\/p>\n","protected":false},"excerpt":{"rendered":"At the time of writing, Dow futures, S&P 500 futures, and Nasdaq 100 futures were all trading higher.…\n","protected":false},"author":2,"featured_media":139616,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[38,2613,34,45776,6342,572,10733,1537],"class_list":["post-139615","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-donald-trump","tag-dow","tag-iran","tag-lara-trump","tag-nasdaq","tag-nasdaq-composite","tag-sp-500","tag-white-house"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116672609818240299","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/139615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=139615"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/139615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/139616"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=139615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=139615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=139615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}