Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.
U.S. stock futures fell on Monday following Friday’s sharp declines. This comes as a drone strike triggered a fire near the UAE’s Barakah nuclear power plant.
UAE officials confirmed no radiation leak or injuries occurred, Reuters reported. Earlier last week, President Donald Trump took to Truth Social and said that Iran must act “FAST, or there won’t be anything left of them.”
Investors will keep an eye on Nvidia Corp.‘s (NASDAQ:NVDA) earnings, scheduled to be released after market hours on Tuesday.
Meanwhile, the 10-year Treasury bond yielded 4.08, and the two-year bond was at 4.60%. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
| Index | Performance (+/-) |
| Dow Jones | -0.62% |
| S&P 500 | -0.31% |
| Nasdaq 100 | -0.08% |
| Russell 2000 | -0.32% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Monday. The SPY was down 0.19% at $737.74, while the QQQ was lower by 0.086% to $708.32.
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