Yahoo Finance
US stocks were mixed on Monday as investors eyed US-Iran peace talks and Nvidia’s (NVDA)new laptop chipas markets faltered after reachingrecord highsin May.
The Dow Jones Industrial Average (^DJI) fell 0.3%.
The S&P 500 (^GSPC) fell below the flat line, and the tech-heavy Nasdaq Composite (^IXIC) drifted 0.1% higher as announcements from theComputex Taipei conferenceboosted tech stocks, offsetting weakness elsewhere.
Markets entered June weighing conflicting signals on an interim Middle East peace deal awaiting President Trump’s approval.
On Monday, Trump posted on Truth Social that “it will all work out well,” even after the US and Iran traded fire over the weekend.
A report Monday morning from Iran’s semi-official news agency Tasnim that Iran suspended talks with the US over Israel’s actions in Lebanon and Gaza added to uncertainty around the deal and helped push oil prices higher.
US benchmark West Texas Intermediate (CL=F) crude rose 8% to $94 a barrel, while Brent (BZ=F) crude gained 7% to $97.
Despite the rebound, WTI logged its biggest monthly decline since April 2025, falling nearly 17% in May.
Looking ahead, investors willfocus on Friday’s nonfarm payrolls report, one of the week’s most important economic releases.
The employment data could provide fresh clues about labor market strength and help shapeexpectations for the Federal Reserve’sinterest rate path in the months ahead.
US manufacturing activity expanded in May at the fastest pace in four years, according to data released by the Institute of Supply Management on Monday.
The ISM’s gauge of manufacturing activityrose to 54, against economists’ predictions of 53 and April’s reading of 52.7.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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