U.S. stock futures declined on Monday, as the Nasdaq 100, Dow Jones, and S&P 500 indices fell, following Thursday’s gains.
Critical peace negotiations in Bürgenstock, Switzerland—steered by Vice President JD Vance and Iranian Foreign Minister Abbas Araghchi—encountered intense strain on Sunday. President Donald Trump issued an ultimatum on Truth Social, threatening severe U.S. military strikes that would eclipse those from the previous week if Iran does not instantly stop its “highly paid PROXIES in Lebanon”.
Additionally, Trump stated during a Fox News interview that the U.S. intends to take command of the vital maritime passageway and enforce transit tariffs should the diplomatic negotiations break down. “If they don’t make a deal, we’ll collect tolls,” Trump warned.
Meanwhile, the 10-year Treasury bond yielded 4.49%, and the two-year bond was at 4.22%. The CME Group’s FedWatch tool‘s projections show markets pricing a 63.7% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.
| Index | Performance (+/-) |
| Dow Jones | -0.12% |
| S&P 500 | -0.19% |
| Nasdaq 100 | -0.04% |
| Russell 2000 | -0.29% |
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 0.10% at $745.96, while the QQQ declined by 0.14% to $739.60.
Stocks In Focus
YY Group Holding
- YY Group Holding Ltd. (NASDAQ:YYGH) dropped 13.08% in premarket on Monday after the company announced a 30-for-1 reverse stock split aimed at regaining compliance with Nasdaq listing requirements.
- Benzinga’s Edge Stock Rankings indicate that YYGH maintains a weak price trend in the long, short, and medium terms.
Hyperscale Data
- Hyperscale Data Inc. (NYSE:GPUS) tumbled 36.66% after it announced a $300 million at-the-market equity offering.
- Benzinga’s Edge Stock Rankings indicate that GPUS maintains a strong price trend in the short and medium terms but a weak trend in the long term.
Sagtec Global
- Sagtec Global Limited (NASDAQ:SAGT) surged 92.93% after issuing financial year 2026 guidance projecting 35% revenue growth. Sagtec projected $25.78 million in revenue, up from $19.1 million in the financial year 2025.
- Benzinga’s Edge Stock Rankings indicate that SAGT maintains a strong price trend in the short and medium terms but a weak trend in the long term.
Intel
- Intel Corp. (NASDAQ:INTC) rose 3.84%, extending last week’s gains as President Donald Trump confirmed a long-rumored partnership between the chipmaker and Apple Inc. (NASDAQ:AAPL).
- Benzinga’s Edge Stock Rankings indicate that INTC maintains a strong price trend in the short, medium, and long terms.
Getty Images Holdings
- Getty Images Holdings Inc. (NYSE:GETY) zoomed 170.20% after it announced a display agreement with OpenAI. Under the partnership, Getty Images’ licensed content libraries will appear across OpenAI search and discovery experiences within ChatGPT.
- Benzinga’s Edge Stock Rankings indicate that GETY maintains a weak price trend in the short, long, and medium terms, with a poor growth score.
Cues From Last Session
Most sectors on the S&P 500 closed on a negative note, with energy, financial, and health care stocks recording the biggest losses on Thursday. However, consumer discretionary and information technology stocks closed the session higher.
| Index | Performance (+/-) | Value |
| Dow Jones | 0.14% | 51,564.70 |
| S&P 500 | 1.08% | 7,500.58 |
| Nasdaq Composite | 1.91% | 26,517.93 |
| Russell 2000 | 2.12% | 2,979.77 |
Insights From Analysts
Based on Mohamed El-Erian‘s assessment, the US economy and stock market are navigating a profound, multi-layered transition. Geopolitical shifts, specifically the tentative U.S.-Iran negotiations, initially pushed oil prices down and risk assets up, fueling a “series of record highs for stocks.” This reprieve dropped gas prices below $4 a gallon, offering tangible relief to American households.
However, El-Erian warns that this economic stability faces imminent disruption. Geopolitical tensions threaten to choke supply lines, and the domestic policy landscape is fundamentally shifting.
Under its new leadership, the Federal Reserve is undergoing “profound transitions.” Markets reacted hawkishly to the latest FOMC meeting, as the rest of the Committee dropped its easing bias.
El-Erian observes that investors are misreading the central bank’s trajectory by stubbornly relying on outdated assumptions.
As he notes: “…too many interpreted the press conference using the old Powell-era playbook, including prematurely extrapolating policy signals while underestimating the new Chair’s focus on institutional reform.”
Ultimately, El-Erian expects a period of recalibration, concluding that “it will likely take another FOMC meeting or two for markets to view this fundamentally different Fed through an updated lens.”
Upcoming Economic Data
Here’s what investors will be keeping an eye on this week.
- No major economic data is scheduled to be released on Monday.
- On Tuesday, June’s flash U.S. manufacturing and services PMI data will be released by 9:45 a.m. ET.
- On Wednesday, May’s new home sales data will be out by 10:00 a.m., and the Federal Reserve Board will release its annual bank stress test results at 4:00 p.m. ET.
- On Thursday, May’s durable goods data, the third estimate of first-quarter GDP, initial jobless claims for the week ending June 20, and May’s personal income, consumer spending, headline, and core PCE data will all be released by 8:30 a.m. ET.
- June’s Kansas City Fed survey data will be out by 11:00 a.m., and Chicago Fed President Austan Goolsbee will speak at the Chicago Council on Global Affairs at 6:30 p.m. ET.
- On Friday, May’s advance economic indicators report, along with May’s wholesale and retail inventories data, will be out by 8:30 a.m. ET.
- June’s final University of Michigan consumer survey data will be released by 10:00 a.m. ET.
Commodities, Crypto, And Global Equity Markets
Crude oil futures were trading lower in the early New York session by 0.69% to hover around $75.33 per barrel.
Gold Spot US Dollar rose 0.74% to hover around $4,191.05 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.12% higher at the 100.9700 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.18% higher at $64,018.97 per coin, as per the last 24 hours.
Asian markets closed higher on Monday, except Hong Kong’s Hang Seng and Australia’s ASX 200 indices. China’s CSI 300, India’s Nifty 50, Japan’s Nikkei 225, and South Korea’s Kospi rose. European markets were mixed in early trade.
Photo courtesy: Shutterstock
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