Following the strong upward move seen last week, the major U.S. stock indexes are likely to move in opposite directions in early trading on Monday.
The major index futures are currently pointing to a mixed open for the markets, with the Dow futures up by 0.3 percent but the S&P 500 futures down by 0.2 percent and the Nasdaq 100 futures down by 0.8 percent.
Early trading on Wall Street is likely to be impacted by reaction to a surge in crude oil prices, as crude for May delivery is soaring $4.64 or 6.1 percent to $80.31 a barrel.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.