US Futures Rebound
2026-06-08 11:39
By
Andre Joaquim
1 min. read
Futures tracking US equities were firmly higher on Monday on signs of de-escalation in the Middle East and a halt to the selloff for chip producers.
Contracts for the S&P 500 and Nasdaq 100 gained around 1%, while those for the Dow were 0.4% higher.
Iran stated it had ended its military operation in Israel following strikes over the weekend, easing concerns that escalation would have broken ongoing negotiations between Tehran and the US to end the wider conflict.
Energy prices and Treasury yields pared their rebound to support equities.
Meanwhile, speculative positions on the AI economy returned as after Broadcom's earnings ignited a selloff in chip producers last week.
Nvidia gained over 2% premarket while Micron and Marvell jumped over 4% each.
AI infrastructure and datacenter investment will be tested Wednesday evening with Oracle's earnings.
Its shares were 2% higher.