FX.co ★ US Futures Extend Rebound

US stock futures rose on Tuesday as energy prices paused their recent rebound and AI infrastructure stocks continued to recover. Futures tied to the S&P 500 and Nasdaq 100 were up about 0.5%, while Dow Jones Industrial Average futures added roughly 150 points.

Oil and fuel prices eased as Iran and Israel refrained from further military exchanges following their weekend operations, creating space for additional negotiations between Tehran and Washington over a potential deal that could restore energy exports.

Equities also found support from a rebound in US Treasuries, as investors assessed the likelihood that the Federal Reserve will deliver another rate hike this year. Fixed-income markets face another key test on Wednesday with the release of May inflation data, which is expected to show a further increase.

Meanwhile, semiconductor and data center stocks extended Monday’s rebound after Friday’s sharp selloff. OpenAI has confidentially filed for an IPO and Anthropic has raised additional funding, underscoring expectations for continued heavy investment in AI infrastructure. Nvidia and Micron traded higher in premarket action, while Oracle gained about 1% ahead of its earnings report later this week.