Traders at work at the New York Stock Exchange on June 8, 2026.
new york stock exchange
S&P500 futures Stocks fell on Monday night as investors weighed the fragile ceasefire between Iran and Israel.
Futures tied to broad market indexes fell about 0.2%. Nasdaq 100 futures It fell by 0.35%. Dow Jones Industrial Average Futures It fell by 148 points (0.29%).
Iran halted military attacks against Israel on Monday, but warned it would resume attacks if Israeli forces continue operations in Lebanon, Iran’s Foreign Ministry told CNBC on Monday. Hours later, Israeli Prime Minister Benjamin Netanyahu said the conflict between Iran and Hezbollah was “not over yet.”
In Asia, Japan’s Nikkei Stock Average opened Tuesday up more than 1%, while South Korea’s Kospi rebounded from Monday’s weakness to rise 4%. Hong Kong’s Hang Seng Index fell 0.53%, while the mainland’s CSI300 index rose 0.57%. Australia’s benchmark S&P/ASX 200 fell 1.33%.
Chip stocks led the way. S&P500 It rose in regular trading on Monday, with the index up 0.3%. technology leader Nasdaq Composite It rose by 0.86%. Both averages have recouped some of the losses from last week’s sell-off in tech stocks. Excellent company DowOn the other hand, it bucked the trend of a decline of 80.77 points (0.16%).
While artificial intelligence and chip trading have been the main market drivers on Monday and other recent sessions, Brian Kersman, portfolio manager at GQG Partners, expressed some skepticism about the sustainability of this trend.
“The long-term question is sustainability,” Kersman said Monday afternoon on CNBC’s “Closing Bell: Overtime.” “So how long will this situation persist in the long run?”
“At the end of the day, a lot of these chip names are commodities,” the portfolio manager added. “If you look at it from a commodity perspective, when we had rapid price increases, I think part of my memory was a 15-fold price increase over the last year or so. To put this in context…if energy went up 15-fold and went from $60 a barrel to $900 a barrel, how many energy stocks would people buy now?”
The fragile ceasefire between the United States and Iran was called into question over the weekend after reports of Iranian missile attacks. In response, Israel carried out a “massive attack on strategic defense systems” on Monday, according to the Israel Defense Forces’ X account.
But on the same day, President Donald Trump said in a post on Truth Social that Israel and Iran were “aiming for an immediate ceasefire.” Late Monday, Tehran’s Foreign Ministry told CNBC that Iranian forces had ceased attacks against Israel, but fighting would resume if Israel continued its attack on Lebanon.
united natural foods, JM Smucker, designer brands and lands end It plans to report earnings before the opening bell on Tuesday. Traders will also be watching the release of April wholesale inventories, May existing home sales, and the NFIB Small Business Index.
