Stock futures edged higher early Monday as Wall Street prepared to kick off June trading near record levels.
S&P 500 and Nasdaq 100 futures increased by 0.3% each, while futures linked to the Dow Jones Industrial Average gained 208 points, or 0.4%.
Stocks concluded a strong May with all three major indexes posting solid gains.
The tech heavy Nasdaq Composite led the charge, climbing over 8% for the month.
The S&P 500 rose approximately 5%, and the Dow Jones Industrial Average gained nearly 3%.
On Friday, major averages reached new highs following the U.S. and Iran’s agreement to extend a 60-day memorandum of understanding to prolong the ceasefire.
President Donald Trump announced he would meet in the Situation Room to make a final decision, reaffirming that Iran must agree never to develop nuclear weapons. He also called for the Strait of Hormuz to be reopened immediately.
Source (CNBC)
