Monday, June 1, 2026
HomeTrading Room"S&P 500 Little Changed Amid Oil Surge, Nvidia Gains Overshadowed"

“S&P 500 Little Changed Amid Oil Surge, Nvidia Gains Overshadowed”

The S&P 500 remained largely unchanged on Monday, with the Nasdaq Composite also trading flat.

The Dow Jones Industrial Average declined by 231 points, or 0.5%.

Oil prices, however, surged at the start of the week, with West Texas Intermediate crude futures rising 7% to approximately $94 per barrel, and Brent crude increasing 6% to about $97.

In May, the U.S. benchmark experienced its largest monthly drop since April 2025, falling nearly 17%.

Meanwhile, Nvidia led gains in the technology sector following the launch of a new PC chip.

Source (CNBC)

SourceCNBC
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