Stocks set for strong June finish as futures rise; oil slips ahead of OPEC+ move

U.S. stock futures climbed Monday, putting major indexes on track to end June with big gains after a volatile first half of the year.

• Dow futures rose 0.5%
• S&P 500 futures gained 0.3%
• Nasdaq futures added 0.5%

Investors are watching trade developments, including a potential U.S.-India deal and Canada’s decision to drop its digital tax on U.S. tech firms. Meanwhile, Senate talks continue over a proposed $4.5 trillion tax cut.

 

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So far in June:

• S&P 500 ↑ 4%
• Nasdaq ↑ 5.5%
• Dow ↑ 3.5%

All three indexes hit record highs Friday and are up at least 3% this year.

Oil prices drop ahead of OPEC+ supply boost

Oil fell as OPEC+ prepares to increase production and Middle East tensions ease.

• Brent crude: $67.11 (-0.97%)
• U.S. crude: $64.58 (-1.43%)

Both benchmarks are still up over 5% for June.