US Futures Rise to Record High
2026-06-01 11:17
By
Andre Joaquim
1 min. read
Futures tracking US equities rose to new records on Monday, extending the momentum of support from the tech sector, which has outweighed concerns of macroeconomic headwinds stemming from soaring energy prices.
Contracts tracking the S&P 500, Nasdaq 100, and Dow were around 0.5% higher for new peaks.
Nvidia advanced over 2% premarket after it announced its new RTX Spark Superchip to mark its entry in the PC market, rivaling AMD and Intel, which plunged around 5% each.
The efficiency pledged my Nvidia's new offering lifted software and hyperscaler stocks for fresh momentum in the sector, with Microsoft and Oracle jumping 4% each.
In turn, broader sectors were more muted as oil prices rebounded amid the persistent lack of clarity regarding progress on the deal between Iran and the US.
Berkshire Hathaway shares were flat following news it will acquire Taylor Morrison for $6.8 billion, the firm's first move following the departure of Warren Buffet.