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Surged alongside other US benchmarks after Washington and Tehran reached a framework to end their war and reopen the Strait of Hormuz.

Japan

US Futures Edge Lower Tuesday as Investors Continue to Monitor Middle East Conflict, Await Key Labor Data

US stock futures were tracking slightly lower in Tuesday's pre-market session as investors continue to monitor any signs of a possible peace deal to end Middle East fighting, and look ahead to key labor market data set for release later in the morning.The Dow Jones Industrial Average futures were down 0.2%, S&P 500 futures were 0.4% lower, and Nasdaq futures were off 0.1%.Oil prices were moving lower, with front-month global benchmarks Brent crude declining 1.18% to $93.86 a barrel, while West Texas Intermediate crude was down 1.19% to $91.06 a barrel.Investors will be looking ahead to the Job Openings and Labor Turnover Survey (JOLTS) for April, set to be released at 10 am ET, which will give investors a good indication on the strength of the US labor market. The reading is expected to remain unchanged at 6.866 million job openings.

Dow JonesNasdaq CompositeS&P 500
Stocks Down Pre-Bell Amid Uncertainty Over US-Iran Peace Talks
US Markets

Stocks Down Pre-Bell Amid Uncertainty Over US-Iran Peace Talks

The benchmark US stock measures were tracking in the red before the opening bell Tuesday amid uncertainty over the status of peace talks between the US and Iran.The S&P 500 and the Nasdaq edged down 0.1% each in premarket activity, while the Dow Jones Industrial Average was off 0.2%. All three indexes logged new closing highs in the previous trading session.In a social media post on Monday, President Donald Trump said that talks with Iran were continuing "at a rapid pace." The post came after Trump told CNBC in an interview earlier on Monday that he "couldn't care less" if negotiations with Tehran failed.Iranian state-affiliated outlet Tasnim reportedly said Monday that the country suspended talks with Washington in retaliation to Israel's military action in Lebanon. In a separate social media post, Trump said he spoke to Israeli Prime Minister Benjamin Netanyahu and Iran-backed Hezbollah representatives, with both agreeing to stop the fighting."These shifting conditions alongside continued kinetic skirmishes between the parties are likely to further erode Iranian trust as officials have already cited the fluidity of priorities as a point of friction with Iran making clear that nuclear dialogue is contingent on successful negotiations to end the war and reopen the Strait of Hormuz," Tudor Pickering Holt said in a note on Monday.West Texas Intermediate crude oil declined 1.2% to $91.06 a barrel before the opening bell, while Brent decreased 1.1% to $93.90.Tuesday's thin economic calendar has the Job Openings and Labor Turnover Survey for April at 10 am ET. Federal Reserve Bank of Cleveland President Beth Hammack is scheduled to speak at 8:30 am.Treasury yields were down in premarket action, with the two-year rate retreating 3.9 basis points to 4.01% and the 10-year rate falling 4.7 basis points to 4.43%.Shares of Marvell Technology (MRVL) jumped 24% pre-bell after the company finished Monday trading with a 7% gain. Hewlett Packard Enterprise (HPE) rose 26% as the information technology firm lifted its full-year outlook and reported stronger-than-expected fiscal second-quarter results.Alphabet's (GOOG, GOOGL) class A and C shares declined more than 2% each as the Google parent disclosed plans to raise $80 billion in equity for artificial intelligence infrastructure expansion.Dollar General (DG), Donaldson (DCI), Victoria's Secret (VSCO) and Signet Jewelers (SIG) report their latest financial results before the bell, among others. Palo Alto Networks (PANW), Ulta Beauty (ULTA) and GitLab (GTLB) post earnings after the markets close.Gold gained 1.2% to $4,561 per troy ounce, while bitcoin dropped 2.7% to $69,539.

Dow JonesNasdaq CompositeS&P 500$DCI$DG$GOOG$GOOGL$GTLB$HPE$MRVL$PANW$SIG$ULTA$VSCO
International

Tech Bulls Take Breather Pre-Bell on Wall Street; Asia, Europe Up

Wall Street futures pointed modestly lower pre-bell Tuesday as traders weighed values in stock markets trading near all-time zeniths, even as Persian Gulf prospects remain uncertain.In the futures, the S&P 500 fell 0.2%, the Nasdaq declined 0.1% and the Dow Jones was off 0.3%.West Texas Intermediate crude oil traded down 1.1% at $91.15, after renewed media reports of a possible Tehran-Washington deal to re-open the Strait of Hormuz.Investors also await the Job Openings and Labor Turnover Survey (JOLTS) for April, slated for 10 am ET in Washington, sure to be parsed for clues to the strength of the US labor market.Asian exchanges traded mostly higher overnight, with fresh highs set on equity indices in Seoul and Taiwan.European bourses tracked north midday on the continent.Hewlett Packard Enterprise (HPE) traded up 22.8% per-bell after the IT outfit reported fiscal Q2 EPS and revenue above expectations, and issued upbeat guidance, citing AI-fueled demand for servers, late Monday.On the economic calendar, in addition to the JOLTS report, Federal Reserve Minneapolis President Neel Kashkari and Cleveland President Beth Hammack are slated to speak on TuesdayIn pre-market action, bitcoin traded at $69,562, and 10-year US Treasuries offered 4.43%. Spot gold commanded $4,528 an ounce.

Dow JonesNasdaq CompositeS&P 500
Asia Markets

US Equity Indexes Recover After Trump Claims Israel, Hezbollah Agreed to De-escalate Fighting in Lebanon

US equity indexes rose after President Donald Trump claimed Israel and Hezbollah agreed to dial back attacks on each other in Lebanon, and as technology topped sectors.The Nasdaq Composite climbed 0.4% to 27,086.81, with the S&P 500 up 0.3% to 7,599.96 on Monday. The Dow Jones Industrial Average turned the corner, trading up less than 0.1% to 51,078.88.Technology, which jumped more than 5% last week, and energy were the only gainers. Utilities, consumer discretionary, and communication services led the decliners.President Donald Trump spoke separately with Israeli Prime Minister Benjamin Netanyahu and Hezbollah representatives, multiple media reports cited the US president as saying. The president said Hezbollah had "agreed that all shooting will stop - That Israel will not attack them, and they will not attack Israel."The US informed Qatar that strikes threatened by Israel on Beirut's southern suburbs have been cancelled following a call between Trump and Netanyahu, a Qatari diplomatic source told Al Jazeera. Qatar had initiated contact with the US last Sunday to push for de-escalation, and since then, its officials have engaged in mediation efforts to reinforce the US-Iran ceasefire."The (Israel Defense Forces) will continue to operate in southern Lebanon as planned," CNN reported late Monday, citing Netanyahu as saying in a short statement. "There is no ceasefire in Lebanon," Defense Minister Israel Katz said Monday evening, according to CNN.Brent futures remained elevated, up 4.5% to $95.22. West Texas Intermediate futures were up 5.6% to $92.25. But, both crude oil types were off their respective session highs in the final leg of trading for the commodities.US Treasury yields were mixed after trading higher earlier in the session across the term structure. The 10-year yield was unchanged at 4.45%, retreating from over 4.5% intraday. The two-year rose 2.1 basis points to 4.04%, also off highs from earlier in the session.Gold futures were down 1.7% to $4,514.20, and silver futures declined 1% to $75.13, with both precious metals clawing back declines.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares jumped 6.3%, and Microsoft rose 2.3%, among the top gainers on the Dow.Salesforce (CRM) surged 9.7%, among the Dow and S&P 500's biggest outperformers, after the company said it will invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.In economic news, the Institute for Supply Management's US manufacturing index rose to 54.0 in May, the highest since May 2022, from 52.7 in April, compared with expectations for a 53.0 reading in a Bloomberg-compiled poll.However, the S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey. The May index is above the 54.5 reading reported in April, indicating expansion.US construction spending rose by 0.4% in April, versus a 0.3% increase expected in a survey compiled by Bloomberg and following a downwardly revised 0.2% increase in March.

Dow JonesNasdaq CompositeS&P 500$CRM$MSFT$NVDA
Wall Street Extends Record Run as Nvidia Rally Boosts Tech Sector
US Markets

Wall Street Extends Record Run as Nvidia Rally Boosts Tech Sector

Wall Street's equity benchmarks hit fresh peaks on Monday, buoyed by gains in the technology sector as Nvidia's (NVDA) shares rallied, while traders monitored mixed US-Iran peace talks signals.The Nasdaq Composite rose 0.4% to 27,086.8, while the S&P 500 added 0.3% to 7,600. The Dow Jones Industrial Average edged up 0.1% to settle at 51,078.9. All three indexes logged new closing highs on the first trading day of June.Barring tech and energy, all sectors were in the red, led by utilities.In company news, Nvidia shares jumped 6.3%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares rose 2.3%, also one of the Dow's best performers.Dell (DELL) shares advanced nearly 11%, extending its rally into the eight day in a row. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.Salesforce (CRM) climbed 9.7% after the company said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.West Texas Intermediate crude oil was up 5.7% at $92.35 a barrel in Monday late-afternoon trade, while Brent rose 4.5% to $95.25.Iran suspended talks with the US in retaliation to Israel's military action in Lebanon, CNBC reported Monday, citing Iranian state-affiliated outlet Tasnim. However, US President Donald Trump said talks with Iran were continuing at "a rapid pace."In a separate social media post, Trump said he spoke to Israeli Prime Minister Benjamin Netanyahu and Iran-backed Hezbollah, with both agreeing to stop the fighting."It unfortunately feels like we have moved further away from a conclusion, with Iran commenting mid-Friday that no agreement has been reached, and reports over the weekend indicating that (Trump) has asked to amend the prior framework," Tudor Pickering Holt said in a note. "These shifting conditions alongside continued kinetic skirmishes between the parties are likely to further erode Iranian trust as officials have already cited the fluidity of priorities as a point of friction with Iran making clear that nuclear dialogue is contingent on successful negotiations to end the war and reopen the Strait of Hormuz."US Treasury yields were higher, with the 10-year rate up two basis points at 4.46%, and the two-year rate rising 3.3 basis points to 4.04%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was last down 1.8% at $4,512.30 per troy ounce, while silver fell 1% to $75.13 per ounce.

Dow JonesNasdaq CompositeS&P 500$CRM$DELL$MSFT$NVDA$SPGI
Japan

US Equity Markets Higher After Trump Says Israel, Hezbollah to Cease Fighting

US equity indexes were higher on Monday after President Donald Trump said Israel and Hezbollah will cease fighting in Lebanon.* Trump has spoken separately with Israeli Prime Minister Benjamin Netanyahu and Hezbollah representatives, multiple media reports cited the US president as saying. The growing conflict between Israel and Hezbollah in Lebanon will stop, Trump was cited as saying.* Trump, who last week received a framework for a peace agreement with Iran, sent back changes to the proposed deal, officials said, insisting on tougher language about Tehran's nuclear and Strait of Hormuz reopening commitments, CNN reported.* The Institute for Supply Management's US manufacturing index rose to 54.0 in May from 52.7 in April, compared with expectations for 53.0 in a survey compiled by Bloomberg.* The S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey.* July West Texas Intermediate crude oil rose $5.22 to settle at $92.58 per barrel, while August Brent crude, the global benchmark, was last seen up $4.21 at $95.33.* MGM Resorts International (MGM) shares were up roughly 16%, the highest on the S&P 500, after the company confirmed that it received an offer from People Inc. (IAC) to acquire all MGM shares that it does not already own for $48.30 per share in cash.* Constellation Energy (CEG) shares were down about 7.6%, among the lowest on S&P 500 and Nasdaq, after the company said it has priced an underwritten secondary offering of 11 million shares at $281 apiece.

Dow JonesNasdaq CompositeS&P 500$CEG$IAC$MGM
Japan

US Equity Indexes Rise After Trump Says Israel, Hezbollah to Stop Fighting

US equity indexes rose after President Donald Trump said that Israel and Hezbollah have agreed to dial back attacks on each other in Lebanon.The Nasdaq Composite climbed 0.6% to 27,142.9, with the S&P 500 up 0.4% to 7,610.8 ahead of Monday's close. The Dow Jones Industrial Average turned the corner, trading up 0.1% to 51,094.6.Energy and technology, which jumped more than 5% last week, were the only sectors in positive territory. Utilities, consumer discretionary, and real estate led the decliners.President Donald Trump has spoken separately with Israeli Prime Minister Benjamin Netanyahu and Hezbollah representatives, multiple media reports cited the US president as saying. The growing conflict between Israel and Hezbollah in Lebanon will stop, Trump was cited as saying.Brent futures were up 4.4% to $95.17, and West Texas Intermediate oil futures climbed 5.7% to $92.31, but both crude types were off their respective session highs.

Dow JonesNasdaq CompositeS&P 500
Equities Mostly Rise Intraday Amid Nvidia Rally; Oil Jumps
US Markets

Equities Mostly Rise Intraday Amid Nvidia Rally; Oil Jumps

US benchmark equity indexes were mostly higher intraday as Nvidia (NVDA) helped lift the technology sector, while oil prices jumped as markets tracked the latest developments in the Middle East.The Nasdaq Composite was up 0.7% at 27,169.1 after midday Monday, while the S&P 500 rose 0.4% to 7,612.6. The Dow Jones Industrial Average was little changed at 51,017.1. All three benchmarks notched fresh closing highs in the previous session.Barring tech and energy, all sectors were in the red intraday Monday, led by utilities.In company news, Nvidia shares jumped 5.6%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares were up 1.8% intraday Monday.Salesforce (CRM) was the best performer on the S&P 500, up 9.5%, after it said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.Dell (DELL) shares were up 8.9% intraday, extending its rally. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.Hewlett Packard (HPE), Palo Alto Networks (PANW), Broadcom (AVGO) and CrowdStrike (CRWD) are scheduled to release quarterly results this week.West Texas Intermediate crude oil was up 4.8% at $91.54 a barrel, while Brent rose 3.9% to $94.70.Talks with Iran are continuing at "a rapid pace," US President Donald Trump said in a social media post Monday.Iran will suspend talks through intermediaries with the US and will move to completely shut the Strait of Hormuz in retaliation to alleged ceasefire violations, CNBC reported, citing Iran's state-affiliated news outlet Tasnim.In a separate social media post, Trump said he had a call with Israeli Prime Minister Benjamin Netanyahu, adding that no troops will be going to Beirut, while any troops that are on their way have already been turned back."Likewise, through highly placed representatives, I had a very good call with Hezbollah, and they agreed that all shooting will stop -- that Israel will not attack them, and they will not attack Israel," Trump said.US Treasury yields were higher intraday, with the 10-year rate up 1.6 basis points at 4.47%, and the two-year rate rising 3.5 basis points to 4.05%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was down 1.5% at $4,523.30 per troy ounce, while silver fell 0.4% to $75.59 per ounce.

Dow JonesNasdaq CompositeS&P 500$AVGO$CRM$CRWD$DELL$HPE$MSFT$NVDA$PANW$SPGI
Asia Markets

Exchange-Traded Funds, US Equities Mixed After Midday

Broad Market IndicatorsBroad-market exchange-traded fund IWM declined, while IVV edged higher. Actively traded Invesco QQQ Trust (QQQ) rose 0.5%.US equity indexes traded mixed after Iran's reported threats to halt the indirect peace talks with Washington sent crude oil futures sharply higher, and as technology extended gains.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each added about 2.2%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) was 2.3% higher; iShares US Technology ETF (IYW) rose 1.8%, and iShares Expanded Tech Sector ETF (IGM) was up 1.9%.The State Street SPDR S&P Semiconductor (XSD) dropped 1.8%, and iShares Semiconductor (SOXX) edged up 0.7%.FinancialThe State Street Financial Select Sector SPDR (XLF) slipped 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) declined 1.6%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), climbed up 1.6%.CommoditiesCrude oil rose 7.7%, and the United States Oil Fund (USO) added 6.1%. Natural gas dropped 2.6%, and the United States Natural Gas Fund (UNG) was down 2.8%.Gold on Comex fell 2%, and the State Street SPDR Gold Shares (GLD) was down 1.5%. Silver dipped 1.2%, and iShares Silver Trust (SLV) eased 0.8%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) lost 1.4%. The Vanguard Consumer Staples ETF (VDC) fell 1.4%, and iShares Dow Jones US Consumer Goods (IYK) was down 1.3%.The State Street Consumer Discretionary Select Sector SPDR (XLY) shed 2.1%. VanEck Retail ETF (RTH) fell 2%, and the State Street SPDR S&P Retail (XRT) eased 1.1%.HealthcareThe State Street Health Care Select Sector SPDR (XLV) lost 1.4%, iShares US Healthcare (IYH) fell 1.4%, and Vanguard Health Care ETF (VHT) was down 1.4%. IShares Biotechnology ETF (IBB) declined 1.5%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) lost 0.6%. Vanguard Industrials Index Fund (VIS) fell 0.8%, while iShares US Industrials (IYJ) dipped 1%.CryptocurrencyIn midday activity, bitcoin (BTC-USD) dropped 3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) fell 2.8%, ProShares Ether ETF (EETH) shed 2.2%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was 2.8% lower.

Dow Jones^EEM^EXI^FAS^FAZ^GLD^IBB^IGM^IGV^IPK^IVV^IWMNasdaq Composite^IYE^IYH^IYJ^IYK^IYW^PMR^QQQ^RTH^SOXXS&P 500^SPY^UNG^USO^VDC^VHT^VIS^XLE^XLF^XLI^XLK^XLP^XLV^XRT^XSD$BETH$BITO$EETH
Asia Markets

US Equity Indexes Mixed, Crude Oil Surges Amid Reports Iran Halting Peace Process

US equity indexes traded mixed after Iran's reported threats to halt the indirect peace talks with Washington sent crude oil futures sharply higher, and as technology extended gains.The Nasdaq Composite climbed 0.2% to 27,019.1, with the S&P 500 up less than 0.1% to 7,581.9, while the Dow Jones Industrial Average was lower by 0.3% to 50,858.1 after midday on Monday.Energy and technology, which jumped more than 5% last week, were the only sectors in positive territory. Utilities, consumer discretionary, and communication services led the decliners.Iranian negotiators will stop exchanging messages with the US through intermediaries, and Tehran will fully close the Strait of Hormuz in retaliation against ongoing ceasefire violations, CNBC reported, citing Iran's state-affiliated news outlet Tasnim on Monday. The report, in a translated post on the social media site Telegram, homed in on Israel's military operations in Lebanon against the Iran-backed militia Hezbollah, CNBC reported."No dialogue will take place" until Israel fully withdraws from occupied areas in Lebanon and stops all attacks in both Lebanon and Gaza, Tasnim was cited as saying.Meanwhile, President Donald Trump, who last week received a framework for a peace agreement with Iran, sent back changes to the proposed deal, officials said, insisting on tougher language about Tehran's nuclear commitments and its pledge to reopen the Strait of Hormuz, CNN reported.Brent crude futures soared 6.6% to $97.12, and West Texas Intermediate crude oil futures surged 7.7% to $94.07. The rise follows US attacks on Iranian military sites, Tehran targeting a US military base, and Israel's advances in Lebanon, according to media reports.US Treasury yields rose, with the 10-year up 5.3 basis points to 4.51%. The two-year jumped 6.8 basis points to 4.08%.In precious metals, gold futures slumped 2.1% to $4,496.5, while silver futures dropped 1.3% to $74.97.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares jumped 5.1%, and Microsoft rose 2.6%, among the top gainers on the Dow.Salesforce (CRM) surged 9.6%, among the Dow and S&P 500's biggest outperformers, after the company said it will invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.In economic news, the Institute for Supply Management's US manufacturing index rose to 54.0 in May from 52.7 in April, compared with expectations for a smaller increase to a 53.0 reading in a survey compiled by Bloomberg. The index indicates faster expansion, and the print is the highest since May 2022.However, the S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey. The May index is above the 54.5 reading reported in April, indicating expansion.US construction spending rose by 0.4% in April, versus a 0.3% increase expected in a survey compiled by Bloomberg and following a downwardly revised 0.2% increase in March.

Dow JonesNasdaq CompositeS&P 500$CRM$MSFT$NVDA
Japan

US Equity Indexes Mixed After Iran Halts Peace Process, Technology Marches Higher

US equity indexes traded mixed after Iran's move to halt indirect peace talks with the US sent crude oil futures sharply higher and as technology extended gains.The Nasdaq Composite climbed 0.2% to 27,030.4, with the S&P 500 up less than 0.1% to 7,583.9, while the Dow Jones Industrial Average was lower by 0.2% to 50,912.6 after midday on Monday.Energy and technology, which last week jumped more than 5%, were the only sectors in positive territory intraday. Utilities, consumer staples, health care led the decliners.Iran will halt talks with the US in protest of Israel's military operations in Lebanon, media outlets reported Monday, citing Iran's state-affiliated news outlet Tasnim. President Donald Trump, who last week received a framework for a peace agreement with Iran, had sent back changes to the proposed deal, officials said, insisting on tougher language about Tehran's nuclear commitments and its pledge to reopen the Strait of Hormuz, CNN reported.Brent crude futures soared 7.2% to $97.71, and West Texas Intermediate crude oil futures surged 8.3% to $94.62. The rise follows US attacks on Iranian military sites and Tehran targeting a US military base, according to media reports.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will feature in Microsoft (MSFT) Windows laptops and desktop personal computers. Nvidia's shares jumped 3.9% and Microsoft rose 2.3%, among the top gainers on the Dow.

Dow JonesNasdaq CompositeS&P 500$MSFT$NVDA
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday as AI Optimism Overshadows Middle East Risks

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.2% in Monday's premarket activity, as enthusiasm for new artificial intelligence initiatives from major technology companies outweighs concerns about ongoing U.S.-Iran tensions and elevated energy prices.US stock futures were also higher, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures advancing 0.3%, and Nasdaq futures gaining 0.2% before the start of regular trading.S&P Global manufacturing data for May will be released at 9:45 am ET, followed by the construction spending data for April, and the ISM's manufacturing reading for May at 10:00 am ET.In premarket action, bitcoin was down by 1.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2% lower, Ether ETF (EETH) retreated by 1.5%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 1.7%.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.3% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat. The iShares US Consumer Staples ETF (IYK) retreated by 0.9%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.6%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) advanced by 0.4%.Taylor Morrison Home (TMHC) shares were up more than 22% pre-bell after the company agreed to be acquired by Berkshire Hathaway (BRK.A, BRK.B) for $6.8 billion in cash and a total equity value of $8.5 billionWinners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated by 0.1%, the Vanguard Health Care Index Fund (VHT) was down 0.03%, while the iShares US Healthcare ETF (IYH) was flat. The iShares Biotechnology ETF (IBB) gained by 0.03%.Grail's (GRAL) stock was down more than 17% premarket after the company reported its NHS-Galleri trial missed its primary endpoint of reducing combined Stage III and IV cancer diagnoses.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.5%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.4% lower.Coinbase Global (COIN) stock was down more than 3% before market open. Chief Legal Officer Paul Grewal sold 1,960 company shares for $346,683 on May 27, a regulatory filing with the US Securities and Exchange Commission showed.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.4%, while the Vanguard Industrials Index Fund (VIS) was down 0.5% and the iShares US Industrials ETF (IYJ) lost by 0.6%Diana Shipping (DSX) stock was down more than 0.4% before the opening bell after the company said Sunday it has issued an open letter urging Genco Shipping & Trading (GNK) investors to elect its six independent board candidates at the upcoming June 18 annual meeting. Genco stock was 0.8% lower.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.1%, and the iShares US Technology ETF (IYW) was 1.1% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 0.8%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 0.3% lower, while the iShares Semiconductor ETF (SOXX) declined by 0.7%.Dell Technologies (DELL) shares were up more than 1% in premarket activity a day after the company said it has launched its XPS 13 laptop.EnergyThe iShares US Energy ETF (IYE) was 0.1% higher, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.5%.Venture Global (VG) stock was up more than 1% before the opening bell after the company said its subsidiary Venture Global LNG plans to issue $2.25 billion in senior secured notes due 2034 and 2036.CommoditiesFront-month US West Texas Intermediate crude oil gained by 2.3% to $89.40 per barrel on the New York Mercantile Exchange. Natural gas was down 2.3% to $3.21 per 1 million British Thermal Units. The United States Oil Fund (USO) rose by 1.8%, while the United States Natural Gas Fund (UNG) was 2.4% lower.Gold futures for July retreated by 1.2% to $4,537.70 an ounce on the Comex. Silver futures increased by 0.3% to $76.10 an ounce. SPDR Gold Shares (GLD) was down by 1%, and the iShares Silver Trust (SLV) gained 0.4%.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BRK.A$BRK.B$COIN$DELL$DSX$EEM$EETH$EXI$FAS$FAZ$GLD$GRAL$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$PMR$QQQ$RTH$SLV$SOXX$SPY$TMHC$UNG$USO$VDC$VG$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

US Equity Futures Rise Pre-Bell Despite Renewed US-Iran Clashes

US equity futures were edging higher pre-bell Monday despite the shaky Middle East ceasefire being tested once again by a new exchange of attacks, even as President Donald Trump stated that Iran wants to come to an agreement.Dow Jones Industrial Average futures were 0.21% higher, S&P 500 futures were up 0.2%, and Nasdaq futures were 0.2% higher.The US said that it struck radar and drone sites in Iran after an American drone was shot down over the weekend. Iran then said it launched its own strike, while Kuwait reported that it intercepted incoming drone and missile fire."Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us," Trump said in a post on Truth Social. He has not yet decided on whether to move forward on an agreement to extend the ceasefire and reopen the Strait of Hormuz.Among the companies reporting financial results this week are Palo Alto Networks (PANW), Broadcom (AVGO), and CrowdStrike (CRWD).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.3% at $93.24 per barrel and US West Texas Intermediate crude 2.9% higher at $89.92 per barrel.The final S&P Global manufacturing purchasing managers index for May, due at 9:45 am ET, is seen coming in at 55.3, unchanged from its prior value, according to estimates compiled by Bloomberg.The May Institute for Supply Management's services index, due at 10 am ET, is projected at 53.0, versus 52.7 previously. The April construction spending report is also due at 10 am ET.In other world markets, Japan's Nikkei closed 0.9% higher, Hong Kong's Hang Seng ended 0.9% higher, and China's Shanghai Composite finished 0.3% lower. Meanwhile, the UK's FTSE 100 was down 0.3%, and Germany's DAX index was 0.6% higher in Europe's early afternoon session.In equities, Nvidia (NVDA) and Microsoft (MSFT) shares were up 2.4% and 3.6%, respectively, after Nvidia said it launched RTX Spark, a new chip for Microsoft Windows PC personal AI agents. Dell Technologies (DELL) stock was up 1.2% after the company said it launched its XPS 13 compact laptop. Salesforce (CRM) shares rose nearly 5% after the company said it plans to invest $2 billion in France through 2030 and expand its AI and cloud operations.On the losing side, Toyota Motor (TM) stock was down 3% after a Wall Street Journal report that the Trump administration is expected to propose a tweak to the US-Mexico-Canada Agreement that would require half of all automobile components and materials to come from sources in the US. Constellation Energy (CEG) stock was down 2.7% after the company said certain shareholders launched a public offering of 11 million of its common shares.

Dow JonesNasdaq CompositeS&P 500$AVGO$CEG$CRM$CRWD$DELL$MSFT$NVDA$PANW$TM
Japan

US Equity Futures Climb Pre-Bell Despite Renewed US-Iran Clashes

US equity futures were higher pre-bell Monday despite the shaky Middle East ceasefire being tested once again by a new exchange of attacks, even as President Donald Trump stated that Iran wants to come to an agreement.Dow Jones Industrial Average futures were 0.6% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were 0.2% higher.The US said that it struck radar and drone sites in Iran after an American drone was shot down over the weekend. Iran then said it launched its own strike, while Kuwait reported that it intercepted incoming drone and missile fire."Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us," Trump said in a post on Truth Social. He has not yet decided on whether to move forward on an agreement to extend the ceasefire and reopen the Strait of Hormuz.Among the companies reporting financial results this week are Palo Alto Networks (PANW), Broadcom (AVGO), and CrowdStrike (CRWD).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.8% at $93.71 per barrel and US West Texas Intermediate crude 3.5% higher at $90.39 per barrel.The final S&P Global manufacturing purchasing managers index for May, due at 9:45 am ET, is seen coming in at 55.3, unchanged from its prior value, according to estimates compiled by Bloomberg.The May Institute for Supply Management's services index, due at 10 am ET, is projected at 53.0, versus 52.7 previously. The April construction spending report is also due at 10 am ET.

Dow JonesNasdaq CompositeS&P 500$AVGO$CRWD$PANW
Stocks Rise Pre-Bell as Traders Monitor Middle East Developments, Await Fresh Labor Market Data
US Markets

Stocks Rise Pre-Bell as Traders Monitor Middle East Developments, Await Fresh Labor Market Data

The benchmark US stock measures were pointing higher before the opening bell Monday as traders assess the latest developments in the Middle East and await fresh labor market data later in the week.The S&P 500 and the Nasdaq rose 0.2% each in premarket activity, while the Dow Jones Industrial Average added 0.4%. The indexes finished Friday's trading session at new highs.The US and Iran exchanged messages over the weekend on amendments to a draft agreement that would extend their ceasefire and reopen the Strait of Hormuz, Bloomberg News reported Monday. Iran's semi-official Tasnim news agency said Sunday that both sides continued to propose amendments, but could ultimately reject each other's proposals, according to the report.In a social media post on Monday, Trump said that Iran "really wants to make a deal" and that it will be a "good one" for the US and its allies.Israel's Prime Minister Benjamin Netanyahu on Monday ordered the Israeli military to attack targets in Beirut, Lebanon.West Texas Intermediate crude oil gained 3.6% to $90.53 a barrel before the open, while Brent inclined 3.1% to $93.96.Investors will be looking ahead to fresh labor market data later this week, beginning with the Job Openings and Labor Turnover Survey for April on Tuesday, followed by the ADP employment report for May on Wednesday. The Challenger Job Cut report and the government's nonfarm payrolls data, both for last month, are scheduled to be released on Thursday and Friday, respectively.Treasury yields were trending upwards in premarket action, with the two-year rate increasing 2.3 basis points to 4.04% and the 10-year rate rising 1.4 basis points to 4.47%.Monday's economic calendar has the final Purchasing Managers' manufacturing index for May at 9:45 am ET, followed by the Institute for Supply Management's manufacturing index for the same month at 10 am.Shares of Nvidia (NVDA) advanced 2.2% pre-bell after the tech bellwether unveiled a new chip processor for Microsoft (MSFT) Windows laptops. Intel (INTC) dropped 5.1% while Adobe (ADBE) climbed 4.6%.Taylor Morrison Home's (TMHC) stock jumped 22% after the homebuilder agreed to be acquired and taken private by multinational conglomerate Berkshire Hathaway (BRK.A, BRK.B) in an all-cash deal with an equity value of about $6.8 billion.Broadcom (AVGO), Palo Alto Networks (PANW) and CrowdStrike (CRWD) are some of the major companies scheduled to report their latest financial results later this week. Hewlett Packard Enterprise (HPE) will release its earnings after the markets close Monday.Gold fell 1.3% to $4,535 per troy ounce, while bitcoin decreased 1.1% to $72,601.

Dow JonesNasdaq CompositeS&P 500$ADBE$AVGO$BRK.A$BRK.B$CRWD$HPE$INTC$MSFT$NVDA$PANW$TMHC
International

Tech Bulls Lean Forward on Wall Street Pre-Bell; Asia Up, Europe Mixed

Wall Street futures pointed moderately higher pre-bell Monday as tech-sector optimism outweighed concerns regarding the Persian Gulf turmoil.In the futures, the S&P 500 rose 0.3%, the Nasdaq inclined 0.3% and the Dow Jones was up 0.4%.West Texas Intermediate crude oil traded up 3.7% at $90.62, as Tehran-Washington peace talks reached no resolution.Later this week, investors are awaiting the Job Openings and Labor Turnover Survey on Tuesday, the Federal Reserve's Beige Book on Wednesday, and the May employment report on Friday.Blue chips reporting later this week include Palo Alto Networks (PANW), CrowdStrike (CRWD) and Broadcom (AVGO).Asian exchanges traded mostly higher overnight, with fresh all-time zeniths struck on equity indices in Seoul, Taiwan and Tokyo, on tech- and AI-sector rallies.European bourses were mixed on the continent.IBM (IBM) traded up 11.1% pre-bell after a positive brokerage report and following a company statement the venerable tech enterprise plans to invest $10 billion to bring quantum computing to market by 2029.On the economic calendar is the S&P Global manufacturing purchasing managers index (PMI) for May at 9:45 am ET, followed by the ISM manufacturing index for May at 10 am.The construction spending bulletin for April logs at 10 am.In pre-market action, bitcoin traded at $72,567, and 10-year US Treasuries offered 4.65%. Spot gold commanded $4,505 an ounce.

Dow JonesNasdaq CompositeS&P 500
Asia Markets

US Equity Investors to Focus on Labor Market Data and Trump's Decision on Framework to End Iran War This Week

US equity investors will focus this week on the labor market data while keeping an eye on another mega-cap chipmaker's quarterly earnings and President Donald Trump's decision on a framework to end the Iran war.* The Bureau of Labor Statistics will release nonfarm payrolls on Friday, with the market forecasting an expansion of 95,000, according to data compiled by Bloomberg. Payrolls increased 115,000 in April, surpassing the 65,000 gain expected, and marking the first back-to-back months of positive job creation since May 2025, according to a note from Stifel. Payrolls increased 178,000 in March, above the 65,000 jump expected and marking the largest monthly gain since December 2024, the note said.* Other macroeconomic data due this week includes the ISM manufacturing and services purchasing manager's indexes, JOLTS job openings, ADP nonfarm employment change, and initial jobless claims.* Quarterly earnings on the tap this week include Broadcom (AVGO), Hewlett Packard Enterprise (HPE), Palo Alto Networks (PANW), Dollar General (DG), CrowdStrike (CRWD), and Planet Labs (PL).* The US said it struck Iranian military sites at the weekend and Iran's Revolutionary Guards said on Monday it had targeted a U.S. base in response, Reuters reported early Monday. The weekend US strikes on Iran's Gulf coast were in response to "aggressive Iranian actions that included the shootdown of a US MQ-1 drone that was operating over international waters," the US Central Command said in a post on X.* Meanwhile, Israeli forces have captured a strategically important fortress, marking the country's deepest incursion into Lebanon in more than a quarter of a century, SKY News reported early Monday.* Early Monday, Brent crude futures jumped 3.7% to $94.53, and West Texas Intermediate crude oil futures surged 4.3% to $91.09. US Treasury yields rose, with the 10-year up 1.8 basis points to 4.47% and the two-year higher by 2.6 basis points to 4.04%.

Dow JonesNasdaq CompositeS&P 500$AVGO$CRWD$DG$HPE$PANW$PL
Wall Street's Equity Benchmarks Close Out May at Record Highs
US Markets

Wall Street's Equity Benchmarks Close Out May at Record Highs

US equity benchmarks reached new peaks on Friday, buoyed by a rally in technology stocks, while Wall Street logged its second consecutive monthly gains.The Dow Jones Industrial Average rose 0.7% to 51,032.5, while the S&P 500 added 0.2% to 7,580.1. The Nasdaq Composite gained 0.2% to 26,972.6. All three indexes notched back-to-back closing highs.Barring technology and financials, all sectors were in the red, led by consumer staples.Dell Technologies (DELL) shares surged nearly 33%, the best performer on the S&P 500. Late Thursday, the company reported record fiscal first-quarter results that surpassed Wall Street's estimates amid a surge in demand for artificial intelligence-optimized servers. It raised its fiscal 2027 outlook.Dell is in a "strong" position to continue to outperform amid the ongoing AI infrastructure buildout, Wedbush Securities said in a note.NetApp (NTAP) jumped 22% after announcing its quarterly results, the second-biggest gainer on the S&P 500.Other tech names that showed notable gains included IBM (IBM), which advanced nearly 13%, Salesforce (CRM), and Microsoft (MSFT).SentinelOne (S) shares slumped 8.3%. The cybersecurity company delivered a solid first-quarter performance that appears to be sustainable amid strong underlying trends, BofA Securities said in a Friday client note.The brokerage attributed the sell-off to the company's "conservative" guidance that raises questions around growth durability. But BofA views the pullback as an attractive entry point for investors, citing underlying momentum.This month, the Nasdaq gained 8.4%, the S&P 500 climbed 5.1%, and the Dow advanced 2.8%."Markets have largely decided to move on from the conflict with Iran," said Douglas Porter, chief economist at BMO Financial Group.West Texas Intermediate crude oil was down 1% at $88.04 a barrel in Friday late-afternoon trade, while Brent fell 1.8% to $91.99. The benchmarks were on track for monthly declines following four consecutive monthly gains."The market has increasingly priced in a resolution (to the US-Iran conflict) this week," ING Bank said in a report Friday. "Therefore, any confirmation of a deal that reopens the strait means that significant further downside is likely limited, particularly during the early stages of a ceasefire."In a social media post Friday, US President Donald Trump said he was heading to the White House Situation Room "to make a final determination" regarding the Middle East conflict. He also announced an end to the naval blockade of Iranian ports.Trump said that Iran must permanently forgo capabilities that lead to nuclear weapon development and allow unrestricted shipping traffic through the Strait of Hormuz.Axios reported Thursday that the US and Iran had agreed to a memorandum of understanding to extend a ceasefire between the countries and begin talks on Tehran's nuclear program. However, Trump hadn't signed off on the deal, according to the report.US Treasury yields were mixed in Friday late-afternoon trade, with the 10-year rate little changed at 4.44% and the two-year rate falling 2.3 basis points to 4.01%.A sharp jump in Treasury yields following the Middle East conflict is unlikely to dampen investor appetite for equities, given corporate earnings growth and excitement surrounding artificial intelligence, Wells Fargo Investment Institute said in a note.Two Federal Reserve officials offered mixed views on whether the oil price shock could be considered transitory, with Michelle Bowman in favor of looking through such developments and Jeffrey Schmid saying inflation is too hot to ignore.Gold was last up 0.9% at $4,574.50 per troy ounce, while silver fell 0.1% to $75.81 per ounce.

Dow JonesNasdaq CompositeS&P 500$CRM$DELL$IBM$MSFT$NTAP$S
Equities

S&P 500 Posts Monthly Gain to New High, Ninth Straight Weekly Rise

The Standard & Poor's 500 index rose 1.4% this week, marking its ninth consecutive weekly increase and ending the trading month with a 5.15% climb to a record closing high.The S&P 500 ended the week at 7,580.06, its highest close ever. The index also posted a record intraday high on Friday at 7,599.38.The last time the S&P 500 had a weekly winning streak this long was in late 2023. It is now up 11% this year.Friday marked the final trading day of May, a month of consistent weekly gains that followed a 10% jump in April as investors' worries about the war in Iran waned. On Friday, hopes for a peace deal increased as President Donald Trump said on Truth Social that he was meeting in the Situation Room to make a final determination on a memorandum of understanding between the US and Iran.Economic data this week showed the US economy expanded at a slower rate in the first quarter than previously estimated as consumer spending growth decelerated, according to the second estimate by the Bureau of Economic Analysis. Real gross domestic product increased at a 1.6% annualized rate in the March quarter, the report said, down from a 2% increase reported in the initial estimate.The advance this week wasn't broad; only four of the S&P 500's 11 sectors rose, led heavily by a 4.6% jump in the technology sector. The consumer discretionary rose 1.5%, materials added 1.2% and industrials edged up 0.8%.Dell Technologies (DELL) was the best performer in the technology sector, with its stock soaring 43% on the week as the company reported record fiscal first-quarter results that surpassed Wall Street's estimates amid a surge in demand for artificial intelligence-optimized servers. Dell also boosted its fiscal 2027 outlook.Super Micro Computer's (SMCI) stock also boosted the technology sector, with its stock surging 30% as the company said it is collaborating with Taiwanese authorities to prevent illicit diversion of its servers into the restricted Chinese market.AppLovin (APP) was also strong, with its stock jumping 27% as the company reported Q1 earnings per share and revenue above year-earlier results and analysts' mean estimates. AppLovin also forecast Q2 revenue above the Street view.In addition, NetApp (NTAP) shares climbed 25% as the company posted fiscal Q4 adjusted earnings per share and revenue above year-earlier results and analysts' expectations. NetApp also issued fiscal 2027 guidance above Street consensus views.Best Buy (BBY) led the week's gains in consumer discretionary, with its stock leaping 26%. The electronics retailer's fiscal first-quarter results came in stronger than expected and Chief Financial Officer Matt Bilunas said its comparable sales "have started strong in May, with month-to-date growth up high single digits." It has been years since Best Buy generated a high-single-digit increase in comparable sales even for a couple-week period, Truist Securities said in a note.On the downside, the energy sector fell 5.4% on the week, followed by a 3.2% drop in consumer staples, a 2.1% decline in utilities and a 1.4% slip in real estate. Financials, health care and communication services also edged lower.The energy sector's drop came as crude oil futures also fell on the week amid chatter about the US and Iran nearing a peace deal. Hardest-hit stocks included shares of ONEOK (OKE), down 11%, and Williams (WMB), down 9%.Next week, earnings reports are expected from companies including Palo Alto Networks (PANW), Broadcom (AVGO), CrowdStrike Holdings (CRWD) and Medtronic (MDT).In economic data, all eyes will be on the government's May employment report due Friday. Other reports expected next week include April construction spending and factory orders.

Dow JonesNasdaq CompositeS&P 500$APP$BBY$DELL$NTAP$OKE$SMCI$WMB
Japan

US Equity Indexes Scale New Peaks Ahead of Trump's Decision on Iran Peace Agreement

US equity indexes touched all-time highs as technology soared ahead of President Donald Trump's decision on Friday on a preliminary Iran peace agreement.The Nasdaq Composite climbed 0.2% to 26,972.62, with the S&P 500 up 0.2% to 7,580.06, and the Dow Jones Industrial Average higher by 0.7% to 51,032.46 on Friday. All three gauges scaled new peaks earlier in the day.Dell Technologies (DELL) shares catapulted 33%, the top gainer on the S&P 500, after the company reported overnight fiscal Q1 financial results that topped analyst estimates and issued higher-than-expected guidance for fiscal Q2 and the full year.President Donald Trump said Friday on Truth Social that he is meeting now in the Situation Room to make a final determination on the memorandum of understanding between the US and Iran.The ceasefire would need to include reopening the Strait of Hormuz and dismantling Tehran's capacity to make a nuclear weapon, the president has said previously.Iranian officials have used the talks to project confidence that they retain significant military options should diplomacy fail, CNN reported Friday. Any renewed conflict would spread "far beyond the region," threatening "crushing blows" and "utter ruin" in places opponents "cannot even imagine," the Iranian Revolutionary Guards were cited as saying.Brent crude futures fell 1.7% to $92.05, and West Texas Intermediate crude oil futures declined 1.1% to $87.80.Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she is seeking greater clarity on the Middle East conflict before determining the monetary policy path forward."Economic research suggests that, in response to temporary adverse energy supply shocks, policy should not be overly aggressive at stabilizing total inflation to keep employment close to our maximum-employment goal," Bowman said at the Reykjavik Economic Conference.Most US Treasury yields fell, with the 10-year down 1.8 basis points to 4.44%. The two-year declined 2.5 basis points to 4%.In economic news, the Institute for Supply Management's Chicago PMI reading jumped to 62.7 in May from 49.2 in April, larger than the expected 50.3 reading in a survey compiled by Bloomberg and the highest reading in over four years.Further in company news, Costco Wholesale (COST) posted higher fiscal Q3 earnings and revenue late Thursday. The company's net new warehouse openings in fiscal 2026 are, however, set to be below its previous guidance, according to an earnings conference call following the results. Its shares dropped 3.9%, among the worst performers on the Nasdaq.The Dow's leader was IBM (IBM), with shares soaring 13%, after the company said in a filing that it plans to invest more than $10 billion over the next five years to support quantum computing development.In precious metals, gold futures jumped 1% to $4,578.2, while silver futures slipped by less than 0.1% to $75.90.

Dow JonesNasdaq CompositeS&P 500$COST$DELL$IBM

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