U.S. stock futures were little changed Sunday evening as investors looked to take advantage of a strong May that propelled major indices to new all-time highs.
Dow Jones (YM=F) and S&P 500 (ES=F) futures held near the flat line in overnight trading while the Nasdaq 100 (NQ=F) gained 0.1%.
Wall Street begins June after a powerful monthly rally. The Nasdaq Composite (^IXIC) rose more than 8% in May, outperforming its peers as technology stocks continued to lead the market higher. The S&P 500 (^GSPC) advanced about 5% for the month, while the Dow Jones Industrial Average (^DJI) gained nearly 3%.
President Donald Trump said he would convene advisers in the Situation Room to make a “final determination” on next steps, while reiterating that Iran must never obtain a nuclear weapon. He also called for the immediate reopening of the Strait of Hormuz, a critical artery for global energy shipments.
Oil prices rose on Sunday after retreating late last week. US benchmark West Texas Intermediate crude (CL=F) rose 1.8% to just under $89 a barrel, while Brent crude (BZ=F) gained 1.5% to $92. Despite the rally, WTI posted its biggest monthly drop since April 2025, falling nearly 17% in May.
Looking ahead, investors will focus on Friday’s nonfarm payrolls report, one of the most important economic releases of the week. The employment data could provide new clues about the strength of the labor market and help shape expectations about the path of the Federal Reserve’s interest rates in the coming months.
Coming soon
Stock coverage for Monday, June 1, 2026.