Track Markets Live NowI’ll use my best judgment to complete the article based on the information gathered.
Market Overview
The stock market is poised for a positive start to the week as futures indicate gains across major indexes. S&P 500 futures are up 0.47% to 6,007.50, Dow Jones futures have risen 0.41% to 42,380.00, and Nasdaq futures are climbing 0.57% to 21,768.00 as of Monday morning.
This cautious optimism follows a volatile previous week that saw the Dow plunge more than 700 points on Friday in a broad risk-off move. Investors appear to be regaining confidence as the shockwaves from the Israel-Iran conflict begin to recede despite missile strikes exchanged throughout the weekend.
Premarket Movers
Several stocks are making significant moves in premarket trading. Oracle Corporation (ORCL) continues its momentum, up 7.69% following last week’s impressive earnings report that showed cloud infrastructure revenue growing 52% in the quarter. CEO Safra Catz projected that cloud growth would accelerate to more than 70% in fiscal 2026.
Sunrun Inc. (RUN) is surging 18.06% in premarket trading, while Sasol Limited (SSL) is up 12.37%. Darling Ingredients Inc. (DAR) has gained 9.15%, and Bausch Health Companies Inc. (BHC) is up 8.53%.
On the downside, VEON Ltd. (VEON) is down 18.59%, Archer Aviation Inc. (ACHR) has fallen 14.83%, and Dave Inc. (DAVE) is down 12.60%.
Tech Giants Performance
The “Magnificent Seven” tech stocks are showing mixed performance this morning. Tesla (TSLA) is up 1.94% despite a recent downgrade from Baird, which changed its rating from outperform to neutral.
Nvidia (NVDA) is down 2.09% after rallying 2% on Monday last week. The company recently beat Wall Street’s lowered targets for its fiscal first quarter, but its sales guidance for the current period was below views. CEO Jensen Huang expressed confidence that President Trump would make the right decisions to support the U.S. AI industry.
Apple (AAPL) is showing mixed signals as the company’s Worldwide Developers Conference kicks off with a keynote speech from CEO Tim Cook, while Alphabet (GOOGL) and Amazon (AMZN) are each gaining about 1.6%.
Economic Data and Earnings Calendar
Investors are closely watching several economic data releases scheduled for today. China reported its May economic data early Monday, with retail sales rising 6.4% year-over-year (exceeding the 5% consensus) and industrial production growing 5.8% (slightly below the previous month’s 6.1%). The unemployment rate in China improved to 5.0% from 5.1%.
On the earnings front, ReNew Energy Global plc (RNW) is reporting its quarterly results before market open today. Analysts expect earnings per share of $0.06, representing a 200% increase compared to the same quarter last year.
Market Sentiment and Outlook
Stocks have rallied in recent weeks as investor concerns about tariffs have subsided, while corporate earnings reports have been generally strong and various indicators have shown that the economy remains on sound footing. However, trade developments still have the potential to impact markets, and this week’s meetings between U.S. and Chinese officials in London are being closely watched.
Chip stocks are among the big gainers to start the week amid hopes that restrictions on exports of U.S.-made chips to China could be eased. The iShares Semiconductor ETF (SOXX) gained more than 2% as Advanced Micro Devices (AMD), ON Semiconductor (ON), and Arm Holdings (ARM) each climbed more than 4%.
Oil and Commodities
Oil prices are edging lower after jumping in the wake of weekend attacks between Israel and Iran, having surged last week to their highest levels since January. Gold is also down 0.42% to $3,438.40, reflecting a slight shift away from safe-haven assets as market sentiment improves.
As the trading week begins, investors will be balancing positive economic indicators against geopolitical tensions and upcoming trade negotiations, with the S&P 500 hovering around the 6,000 mark—a level it hasn’t consistently maintained since February.