US stock futures slipped as investors weighed uncertainty over Iran talks alongside the latest developments in AI.
Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) slipped 0.2%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) fell 0.3%.
After the closing bell, Alphabet (GOOG) stock edged lower after the company said it aims to raise $80 billion to realize its AI infrastructure plans. Hewlett Packard Enterprise (HPE), meanwhile, reported a record quarter driven by AI data center expansion, sending its stock up more than 20%.
In day trading, stocks clinched records as President Trump intervened in a news cycle that was pointing to a breakdown in US-Iran negotiations, announcing Israel and Hezbollah had agreed to stop attacks. Shortly after, the president added that talks with Iran were continuing “at a rapid pace.”
On Tuesday, investors will get fresh insight into the health of the economy with the release of the Job Openings and Labor Turnover Survey (JOLTS) report. The JOLTS report is the first in a series of employment data releases this week that culminate with the May jobs report on Friday. Investors are looking for signs of economic strain amid rising prices, which could put the Federal Reserve in a difficult position on interest rates.
Earnings season also continues to wind down this week, with Palo Alto Networks (PANW), Dollar General (DG), Ulta Beauty (ULTA), Victoria’s Secret (VSCO) scheduled to report their results Tuesday.
Coming soon
Stock market coverage for Tuesday, June 2, 2026.
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