Stock futures in New York remained stable after traders awaited inflation readings and Iran developments, with no significant shifts observed throughout Monday night. During the Hawkeye 360 IPO, investors looked ahead to the release of April’s consumer price index (CPI) reading, which analysts expected to show a three-year high. S&P 500 and Nasdaq futures saw slight gains, while the Dow Jones Index rose by nearly 0.19%. Oil prices increased due to Trump’s call for a ceasefire between U.S. and Iran, highlighting geopolitical tensions. A strong earnings season continued, with companies like Under Armour, Vodafone, and Tencent Music reporting positive results. Traders also watched for quarterly earnings figures and weekly workforce data. Personal analysts like Merrill’s Marci McGregor expressed optimism about the market, noting that corporate profits and capital expenditures will drive future growth. Meanwhile, extended-hours trading saw Hims & Hers Health and Gitlab declining, reflecting industry restructuring plans tied to AI and workforce changes.
