{"id":482254,"date":"2026-06-08T12:33:10","date_gmt":"2026-06-08T12:33:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/482254\/"},"modified":"2026-06-08T12:33:10","modified_gmt":"2026-06-08T12:33:10","slug":"nasdaq-futures-rise-after-worst-day-in-over-a-year-oil-jumps","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/482254\/","title":{"rendered":"Nasdaq futures rise after worst day in over a year; oil jumps"},"content":{"rendered":"\n

U.S. stock futures pointed higher Monday morning after the Nasdaq Composite suffered its worst single-day drop since April 2025, even as renewed fighting between Iran and Israel sent oil prices higher.<\/p>\n

Contracts on the Nasdaq 100 pointed to a 1.2% opening gain, with S&P 500 contracts up 0.6% and those tied to the Dow adding roughly 100 points. Those moves followed Friday’s steep losses, in which the Nasdaq Composite shed 4.2% and the S&P 500 fell 2.6% \u2014 the index’s worst single-session decline in approximately 10 months.<\/p>\n

Semiconductor names drove premarket gains, according to CNBC<\/a>. Micron Technology, which had tumbled 13% on Friday, was trading more than 5% higher before the bell, while Nvidia and Broadcom also posted gains. Friday’s 10% collapse in the iShares Semiconductor ETF \u2014 its steepest single-day drop in over six years \u2014 was being partially reversed, with the fund up close to 4% ahead of Monday’s open.<\/p>\n

A stronger-than-forecast May jobs report and a broad retreat in AI-related equities combined to spark Friday’s rout, according to the Wall Street Journal<\/a>. Across Asia, markets bore the brunt of that weakness on Monday: South Korea’s Kospi, weighed down by semiconductor giants Samsung Electronics and SK Hynix, tumbled more than 8%, while Tokyo’s Nikkei 225 gave up 3.85%, closing at 64,024.6.<\/p>\n

Crude oil surged after Iran fired missiles at Israel on Sunday and Israeli forces responded Monday with what the IDF characterized as a sweeping attack on Iranian defense infrastructure. WTI briefly topped $92 a barrel, a gain of more than 1%, while Brent futures reached roughly $94.69. The rally cooled after President Donald Trump announced that both nations “are looking to do an immediate ceasefire” and pressed them to halt hostilities, with prices retreating from their intraday peaks.<\/p>\n

Bond markets reflected growing conviction that the Federal Reserve could move to raise rates before year’s end, pushing Treasury yields higher Monday. Wednesday’s release of May consumer price data is seen as a key input into how policymakers might proceed.<\/p>\n

“The stock market may be becoming a victim of its own success,” Callie Cox, chief market strategist at Ritholtz Wealth Management said. “The job market has turned around, yet the threat of persistently high inflation seems to be the risk looming on everyone’s minds.”<\/p>\n

She also noted that since the market’s March lows, growth- and momentum-oriented strategies have left most other investment styles behind \u2014 an unusual pattern in a high-rate environment that could leave those approaches exposed if inflation proves persistent.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. stock futures pointed higher Monday morning after the Nasdaq Composite suffered its worst single-day drop since April…\n","protected":false},"author":2,"featured_media":482255,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,87,46,1008,1010,28285,1011],"class_list":["post-482254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-iran","tag-israel","tag-nasdaq-composite","tag-sp-500","tag-stock-futures","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/482254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=482254"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/482254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/482255"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=482254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=482254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=482254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}