Pre-Market Brief: US Futures Rise as Oil Falls After Reported US-Iran Deal

Date:

As of 08:34 PM ET / June 15, 2026 (June 16, 08:34 AM MYT) — Wall Street is set for a higher open on Monday, with equity futures rallying in overnight trading following Friday's session. Futures on the tech-heavy Nasdaq 100 were up about 1.6% in Sunday evening trading, signaling a potential bounce in technology stocks after losses in mega-cap names on Friday.

At the close on Friday, the S&P 500 finished at 7,431.46, up 37.16 points or 0.50%, extending its recovery from earlier-week weakness. The Dow Jones Industrial Average added 353.46 points, or 0.70%, to settle at 51,202.26, while the Nasdaq Composite rose 79.14 points, or 0.31%, to close at 25,888.84. Despite the positive finish for the major averages, the advance was notably narrow, masking significant selling pressure in select large-cap technology stocks.

Apple Inc. was traded at $291.13, down 1.54% from the previous close, while Microsoft Corp. was at $390.74, up 0.087%. The mixed performance in these mega-cap names weighed on sector performance, though Nvidia Corp. held nearly flat at $205.19. Tesla Inc. was up about 1.84% to $406.43, providing some counterbalance to the tech weakness.

The Nasdaq 100 futures were last seen at 30,151.25, up 489.25 points, or 1.65%, from their prior settlement. S&P 500 futures gained 72.25 points, or 0.97%, to 7,507.25, and Dow futures climbed 375 points, or 0.73%, to 51,980.00. The positive futures action suggests a broad-based rebound is taking shape ahead of the cash market open.

The Cboe Volatility Index (VIX) — Wall Street's so-called "fear gauge" — slipped to 17.68 from its prior reading of 19.44, suggesting easing anxiety among market participants as they brace for the week ahead. A VIX reading below 20 typically signals relatively calm market conditions.

In the bond market, the yield on the 10-year U.S. Treasury note edged higher to 4.487%, up from 4.463% at the prior close, as traders continued to weigh the trajectory of monetary policy. The modest uptick in yields came despite a generally constructive tone across risk assets, and the move reflects ongoing uncertainty around the pace of any potential rate adjustments by the Federal Reserve.

Commodities were under pressure, with crude oil futures declining. West Texas Intermediate crude fell to $80.86 per barrel, down from $84.88, as easing geopolitical risk and lower oil-supply fears weighed on energy prices. The drop in oil follows reports of a tentative U.S.-Iran peace deal, which raised expectations around the Strait of Hormuz and reduced supply disruption concerns.

Looking ahead, market participants will be monitoring a relatively light economic calendar for Monday. Key data releases this week include retail sales figures and industrial production data, which will offer fresh insight into the health of the U.S. economy. Federal Reserve commentary will also remain in focus as investors parse any signals on the central bank's next policy moves.

Sources: Reuters, Yahoo Finance, MarketWatch, TradingView.

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