Oil prices rose Sunday, while U.S. stock futures held flat as investors gauged the market’s next move. Wall Street aims to extend its record-setting winning streak into June.
Futures for the Dow Jones Industrial Average edged up slightly. Contracts for the S&P 500 and the Nasdaq-100 showed minimal movement in early trading.
The small gains signal cautious optimism after a strong May. Equities closed the month at all-time highs, driven by tech stocks and economic data.
Energy markets saw upward pressure on crude prices. Supply concerns and steady demand supported oil’s advance ahead of the new trading week.
Investors now focus on upcoming economic reports. Key data, including jobs numbers, could influence market direction in the coming days.
A resilient economy has buoyed risk appetite. However, uncertainty remains over interest rates and inflation trends.
Trading volumes are expected to be light as the new week begins. Markets will watch for any shifts in sentiment from policy signals or global events.
