Monday, June 1, 2026
HomeTrading RoomS&P 500 Little Changed as Oil Rises, Overshadowing Nvidia's Gains

S&P 500 Little Changed as Oil Rises, Overshadowing Nvidia’s Gains

On Monday, the S&P 500 remained largely flat, while the Nasdaq Composite edged up 0.1%, and the Dow Jones Industrial Average fell 181 points, or 0.4%.

Oil prices advanced as West Texas Intermediate crude futures increased by 6% to approximately $92 a barrel, and Brent crude rose 5% to around $95.

Despite the gains in energy markets, May saw the U.S. oil benchmark experience its steepest monthly decline since April 2025, dropping nearly 17%.

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

Source (CNBC)

SourceCNBC
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