Stock market today: Live updates

Stock futures rose slightly on Monday, with Nvidia leading technology higher following the launch of a new chip for PCs, as Wall Street looked to kick off June on a positive note.

Futures tied to the Dow Jones Industrial Average added 144 points, or 0.3%. S&P 500 and Nasdaq-100 futures rose 0.2% each.

Nvidia shares climbed more than 2% in the premarket after the company unveiled a new processor for personal computers. Dell Technologies and HP Inc followed Nvidia higher, rising more than 1% and about 4%, respectively. Intel, which for years dominated the PC chip market, fell more than 6%.

Oil prices were also higher on Monday after the U.S. and Iran exchanged strikes over the weekend and Israel ordered troops to move further into Lebanon. U.S. Central Command said Monday that U.S. forces intercepted two Iranian ballistic missiles overnight that were targeting American forces in Kuwait.

West Texas Intermediate crude futures rose 3% on Monday to around $90 a barrel. Brent crude also climbed 3% to around $93. In May, the U.S. benchmark posted its steepest monthly decline since April 2025, tumbling nearly 17%.

Stocks wrapped up a strong May, with all three major indexes posting solid gains. The tech-heavy Nasdaq Composite led the advance, up more than 8% for the month. The S&P 500 gained about 5%, while the Dow Jones Industrial Average added nearly 3%.

The major averages closed at fresh highs Friday after the U.S. and Iran reached a 60-day memorandum of understanding to extend the ceasefire.

President Donald Trump said he would meet in the Situation Room “to make a final determination” and reiterated that Iran “must agree that they will never have a Nuclear Weapon.” He also called for the Strait of Hormuz to be “immediately open.”

“Trump clearly doesn’t 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,” Adam Crisafulli, founder of Vital Knowledge, wrote in a note. “An actual announcement will probably trigger a ‘sell the news’ reaction for the overall S&P 500.”

Investors this week will turn their attention to Friday’s closely watched nonfarm payrolls report for fresh insight into the health of the labor market and the outlook for Federal Reserve policy.