US stock futures tipped higher on Tuesday after a record-setting start to the week, as investors assessed concerns around a potential oil glut and the dollar’s growing strength. <\/p>\n
Dow Jones Industrial Average futures (YM=F)<\/a> hovered above the flat line, after the blue-chip benchmark closed above 52,000<\/a> for the first time on Monday. Contracts on the S&P 500 (ES=F)<\/a> rose around 0.2%, while those tied to the Nasdaq 100 (NQ=F)<\/a> gained 0.4% after a rally in tech stocks fueled sharp gains. <\/p>\n Investors are heading into the last trading day of the second quarter and first half of 2026 buoyed by a Supreme Court ruling<\/a> that left Federal Reserve independence intact, for now, and by the prospect of potential US-Iran peace talks in Qatar starting Tuesday. <\/p>\n At the same time, oil flows through the Strait of Hormuz are recovering faster than expected, prompting a shift from fears of crude shortages to warnings of a looming glut<\/a>. Oil prices continued to fall, poised for a quarterly drop with Brent (BZ=F<\/a>) futures trading below $74 a barrel and WTI futures (CL=F<\/a>) below $71. <\/p>\n The relentless rise in the dollar was also worrying Wall Street, as it pushed the yen to a 40-year low<\/a> to prompt talk of intervention by Japan. HSBC warned the greenback’s rally could become “explosive”<\/a> if the Federal Reserve hints it’s prepared to tighten policy<\/a> <\/p>\n A JOLTS reading on job openings in May due later Tuesday is likely to feed into bets on Fed interest-rate hikes this year, as could a Conference Board update on consumer confidence. The labor data sets the stage for the June jobs report, set for release on Thursday. <\/p>\n On the corporate front, Nike (NKE<\/a>) is expected report its quarterly results on Tuesday, coming at a challenging time<\/a> for the sportswear maker. <\/p>\n","protected":false},"excerpt":{"rendered":"US stock futures tipped higher on Tuesday after a record-setting start to the week, as investors assessed concerns…\n","protected":false},"author":3,"featured_media":903035,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2],"tags":[144,1597,57033,51,84556,50,233263,52,37202],"class_list":["post-903034","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-dow-jones-industrial-average","tag-federal-reserve","tag-futures-trading","tag-headlines","tag-nasdaq-100","tag-news","tag-oil-glut","tag-top-stories","tag-us-stock-futures"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116839042696576105","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/903034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=903034"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/903034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/903035"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=903034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=903034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=903034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}