The U.S. has undertaken "self-defense" strikes in Iran on Sunday as President Donald Trump says Iran wants a deal and urges critics to stop second-guessing his negotiation strategy.
According to an update on X by the Central Command, the U.S. carried out strikes in Iran over the weekend, hitting Iranian radar and command and control sites. The strikes were in response to "aggressive Iranian actions," including the shooting down of a US MQ-1 drone operating over international waters.
Investors will keep an eye on the May jobs report this week, slated for a Friday release, and earnings from tech heavyweights like Palo Alto Networks Inc. (NASDAQ:PANW), CrowdStrike Holdings Inc. (NASDAQ:CRWD), and Broadcom Inc. (NASDAQ:AVGO).
Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
Index
Performance (+/-)
Dow Jones
0.15%
S&P 500
0.15%
Nasdaq 100
0.18%
Russell 2000
-0.10%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 0.25% at $757.86, while the QQQ was higher by 0.32% to $740.70.
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Hewlett Packard Enterprise
Hewlett Packard Enterprise Co. (NYSE:HPE) jumped 6.06% in premarket on Friday as it is set to report its second-quarter results after market close. Analysts expect the company to report a 28.7% year-on-year rise in revenue to $9.82 billion, with a 42.11% year-on-year increase in EPS to $0.54. It also announced a new HPE ProLiant Compute DL394 Gen12 with the latest NVDA Vera CPU at the Computex 2026 in Taipei.
Benzinga’s Edge Stock Rankings indicate that HPE maintains a strong price trend in the long, short, and medium terms, with a poor growth rank.
Nvidia
Nvidia Corp. (NASDAQ:NVDA) was 1.67% higher as CEO Jensen Huang used the Computex 2026 stage in Taipei to outline a sweeping vision for artificial ...