U.S. stock futures climbed early Monday, as investors looked to finish the month on a high note. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.69%, 0.52%, and 0.47%, respectively, at 5:54 a.m. EST, June 30.
The market has rebounded this month as investors watch trade talks closely. June’s gains reflect investor optimism, as most tariff threats have not been carried out.
On Friday, the Nasdaq Composite hit a new all-time high, rising about 0.5%, while the Dow Jones climbed nearly 1%, and the S&P 500 gained around 0.5%, closing at a record high. Meanwhile, for the week, the S&P 500 and Nasdaq 100 both set fresh records, gaining 3.44% and 4.20%. The Dow also rose 3.82% for the week, now up 19.7% from its April low and just under 3% away from its record high.
Investors are closely watching to see if the Senate will pass President Donald Trump’s “one, big, beautiful” bill in the next few hours. The package narrowly cleared a key procedural vote on Saturday night, but its future in the House remains uncertain, as some Republican lawmakers have pushed back against the latest changes.
On Friday, stocks pulled back from earlier gains after President Trump posted on Truth Social that the U.S. would immediately “terminate ALL discussions on Trade with Canada.” The post came in response to Canada’s decision to move ahead with a digital tax on U.S. tech companies.
On the economic front, investors are watching for key data this week, starting with June’s ISM Manufacturing PMI on Tuesday, July 1. Attention will then shift to Thursday, July 3, when the June Nonfarm Payrolls report and Unemployment Rate are released, offering fresh insight into the labor market. Also due Thursday is June’s ISM Services PMI, which will give a read on activity in the services sector.
Meanwhile, the U.S. 10-year Treasury yield was down, floating near 4.25%. Simultaneously, WTI crude oil futures are trending higher, hovering near $65.29 per barrel as of the last check. At the same time, the Gold Spot U.S. Dollar Price increased to nearly $3,287 per ounce on Monday.
Elsewhere, European stocks opened higher on Monday but soon gave up their gains, trading near the flatline as traders weighed developments in U.S. trade talks.
Asia-Pacific markets were mixed on Monday as investors digested updates on trade talks along with fresh data, including May industrial output from South Korea and Japan, and China’s PMI readings for June.
Hong Kong’s Hang Seng Index was down 0.87%. However, Japan’s Nikkei and Topix indices climbed 0.84% and 0.43%, respectively. At the same time, China’s Shanghai Composite and Shenzhen Component indices closed higher by 0.59% and 0.83%, respectively.
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