"Stock Futures Steady as June Trading Begins"

1 min read
Source: CNBC
"Stock Futures Steady as June Trading Begins"
Photo: CNBC
TL;DR Summary

The Dow Jones Industrial Average fell 400 points amid economic concerns as June trading began. Notable stock movements included Spotify rising 4% on subscription price increases, Paramount Global gaining over 7% due to a nearing merger with Skydance, and U.S. crude oil dropping more than 3% as OPEC+ plans to phase out production cuts. Additionally, the ISM manufacturing index showed greater contraction than expected in May, and Nvidia announced a new AI chip model.

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