Nasdaq 100 Futures Rise Over 1%, U.S. Stocks Poised to Snap Losing Streak
Taylor Wilson
US futures rose across the board Monday, with Nasdaq 100 futures up about 1%, as markets attempt to end a week-long slide; this week's payrolls data and the Fed chair's speech will determine whether the bounce holds.
How much did futures rise — is the losing streak over?
Nasdaq 100 futures gained about 1.04%, S&P 500 futures rose 0.69%, and Dow futures added 0.39%.
All three indices had fallen for a full week; Monday's bounce signals a tentative stabilization in sentiment.
But futures gains do not guarantee a green open — direction remains unconfirmed ahead of this week's heavy data calendar.
Why is oil also rising?
Brent crude traded at about $72.86 a barrel, up 0.36%; US crude at $69.63, up 0.58%.
The US and Iran had exchanged strikes, but both sides said they have drawn a ceasefire line.
This means → geopolitical tension is easing, and the modest oil bounce suggests markets are not pricing in an escalation.
What is the most important data point this week?
Thursday brings the June nonfarm payrolls report — headline jobs, the unemployment rate, and hourly wage growth.
Rate futures currently show most investors expect the Fed to raise rates at least once this year.
In plain terms = at the start of the year, the consensus was rate cuts; now it is rate hikes — expectations have completely reversed.
What will the Fed chair say?
Wednesday at 9 a.m. ET, Fed Chair Kevin Warsh speaks at the ECB's central-banking forum in Portugal.
Markets will watch closely for his latest signal on the rate path — hawkish (leaning toward hikes) or dovish (leaning toward holding).
This reflects a market caught between two drivers — data and official guidance — where either signal could shift direction.
What else is on the calendar this week?
Tuesday: May job-openings data (JOLTS) and consumer confidence.
Wednesday: ADP private payrolls and the ISM manufacturing index.
Friday: markets closed for Independence Day. On the earnings front, Nike and Constellation Brands report Tuesday; General Mills reports Wednesday.
Content is for reference only, not financial advice.