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Stock futures were mostly higher to begin a new week of trading after major indexes tumbled Friday, even though oil prices surged on renewed fighting between Iran and Israel.
Nasdaq 100 and S&P 500 futures pointed up 0.6% and 0.3%, respectively, while Dow Jones Industrial Average futures were 0.2% lower.
On Friday, the tech-heavy Nasdaq Composite, benchmark S&P 500, and blue-chip Dow ended down a respective 4.2%, 2.6%, and 1.4%, while Treasury yields surged after the monthly U.S. employment report indicated more jobs were added than expected in May and investors predicted higher interest rates for longer. The Nasdaq and Dow fell more than 1,100 and nearly 700 points, respectively, while the S&P 500 snapped a nine-week losing streak.
Most of the Magnificent Seven tech giants were higher in premarket trading after all finished lower Friday. Nvidia (NVDA) and Tesla (TSLA) were up more than 1% after each sank more than 6% to end last week. Apple (AAPL) shares edged higher ahead of the start of its annual Worldwide Developers Conference.
Marvell Technology (MRVL) stock, which plunged 17% Friday to lead Nasdaq decliners, rebounded 7% before the bell on news the AI chip designer and Flex (FLEX), a contract electronics manufacturer, would join the S&P 500 before trading opens on June 22. Flex shares rose about 3.5%.
Oil prices jumped after Iran and Israel exchanged military strikes. West Texas Intermediate futures, the U.S. crude oil benchmark, surged more than 4% to $94.35 a barrel in recent trading, while front-month contracts of Brent crude, the global benchmark, advanced nearly 4% to $96.60. Energy stocks rose, while those of airlines and cruise operators dropped.
Bitcoin rebounded after falling below $60,000 for the first time since October 2024 on Friday. The world’s biggest cryptocurrency recent was trading around $63,400, up from overnight lows around $61,200. Crypto-tied stocks Strategy (MSTR), Robinhood Markets (HOOD), MARA Holdings (MARA), and Coinbase Global (COIN) rose up to 3.5% after sinking between 6.5% and 11% last session.
The 10-year Treasury yield, which influences interest rates on mortgages and other consumer loans, was around 4.57% in recent trading, up from 4.52% at Friday’s close.
The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, ticked higher to 100.17. Gold futures declined 1% to $4,320 an ounce.
JUNE 8, 2026 AT 10:34 AM GMT
Stick Futures Mostly Higher After Indexes Plunge to End Last Week
Futures contracts connected to the Dow Jones Industrial Average pointed 0.2% lower.
