Stock futures exhibited minimal variation following the S&P 500 and Nasdaq Composite’s conclusion of the previous week at new record highs. In the interim, oil prices experienced an uptick following President Donald Trump’s characterization of Iran’s peace proposal response as “totally unacceptable.” Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average exhibited a slight decline in recent trading activity. Last Friday, the benchmark S&P 500 and tech-heavy Nasdaq Composite achieved intraday and closing records, concluding higher for a sixth consecutive week.

Meanwhile, the blue-chip Dow also ended fractionally higher, marking a second consecutive week of gains, following an April employment report that exceeded expectations. Oil prices experienced an uptick following President Trump’s dismissal of Iran’s reply to a U.S. initiative aimed at resolving the conflict. “I have just read the response from Iran’s so-called ‘Representatives,'” Trump stated on Truth Social on Sunday afternoon. “I don’t like it — TOTALLY UNACCEPTABLE!” Recently, West Texas Intermediate futures, the U.S. crude oil benchmark, were up 2.2% at $97.60 a barrel, while front-month contracts of Brent crude, the global benchmark, were 2.2% higher at $103.55.

The 10-year Treasury yield, which influences interest rates on mortgages and other consumer loans, was recently at 4.39%, up from below 4.36% at Friday’s close. Gold futures experienced a decline of 1.3%, settling at $4,670 per ounce. Bitcoin traded at approximately $81,000, a decline from the overnight peak of about $82,400. The U.S. dollar index, which monitors the value of the greenback relative to a selection of foreign currencies, increased by 0.1% to 98.03. Shares of most of the Magnificent Seven tech giants indicated a downward trend before the market opened, following a Friday session where most concluded higher, notably propelled by a 4% increase in Tesla.

Nvidia, the world’s most valuable company, advanced nearly 2% further to its latest all-time high. Chipmakers Intel and Micron Technology, which surged a respective 14% and 16% Friday to set record highs, were up a further 6% and 2% in premarket trading. Moderna shares, which soared 12% Friday as it announced research into a vaccine for hantaviruses, jumped a further 7% early Monday. Prominent firms expected to disclose their quarterly earnings on Monday morning comprise Constellation Energy, Circle Internet Group, and Fox.