U.S. stock futures held steady Monday evening as investors awaited a key inflation report and kept a close eye on developments between the U.S. and Iran. Futures on the Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) were up 0.03% and 0.02%, respectively, at 6:17 p.m. EDT on May 11, while the Nasdaq 100 (NDX) futures were down 0.02%.
Claim 55% Off TipRanks
New trading tool for QQQ bullsIn the regular trading session, tech stocks lifted major U.S. indices, with the S&P 500 and Nasdaq closing at record highs. Oil prices rose after President Donald Trump called Iran’s response to his peace proposal “totally unacceptable.” The Dow, the S&P 500, and the Nasdaq each gained 0.2%, 0.2%, and 0.1%, respectively.
Looking ahead, D-Wave Quantum (QBTS), Oklo (OKLO), AstraZeneca (AZN), and On Holding (ONON) are set to report earnings on Tuesday. Traders will also watch for several key economic reports, including the U.S. Consumer Price Index (CPI) data, which is expected to show elevated inflation due to energy prices.