Dow, S&P 500, and Nasdaq futures show minimal movement as investors await June’s key economic data following May’s rally.
US stock index futures held steady in overnight trading, with Dow and S&P 500 contracts near flat and the Nasdaq 100 edging up 0.1%. The subdued start follows a strong May, where the Nasdaq Composite surged over 8%, the S&P 500 rose 5%, and the Dow Jones gained nearly 3%, all closing at record highs.
Oil prices rebounded slightly, with West Texas Intermediate crude climbing 1.8% to near $89 a barrel and Brent rising 1.5% to $92. Despite the gain, WTI posted its largest monthly drop since April 2025, falling nearly 17% in May.
Investors are now focused on Friday’s nonfarm payrolls report, which could influence Federal Reserve policy expectations. The data will offer fresh insights into labor market strength amid ongoing economic uncertainty.