Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAaron McDadeMon, June 29, 2026 at 2:09 PM GMT+2 4 min readThe S&P 500 and Nasdaq have closed lower in each of the last five sessions.Credit: Michael M. Santiago / Getty ImagesStock futures are pointing to a higher open to kick off the holiday-shortened trading week, as tech shares look to rebound from last week's slump; investors are keeping a close eye on developments in the Middle East after the U.S. and Iran exchanged strikes over the weekend; Comcast shares are soaring after the company announced plans to split its media and technology businesses; SpaceX will join the Nasdaq 100 index next week; and earnings from Nike, Constellation Brands and General Mills are on deck this week, along with the June jobs report. Here's what you need to know today.Stocks Point Higher to Kick Off Short Trading WeekStock futures are rising this morning after tech sector weakness spurred losses for the S&P 500 and Nasdaq last week. Futures tied to the benchmark S&P 500 and the tech-heavy Nasdaq were recently up 0.9% and 1.2%, respectively, while Dow Jones Industrial Average futures added 0.5%. All three indexes pulled back on Friday, pushing the S&P 500 and Nasdaq to their fifth straight day of declines, while the Dow managed to eke out a modest gain for the third week in a row.WTI crude oil futures were up about 1% at $70 per barrel as investors monitored developments in the Middle East (more on that below). Gold futures were down 1% at $4,055 an ounce, extending what has been a rough first half of the year for the precious metal. Bitcoin was at $60,400, after sinking as low as $58,000 late last week, its lowest point since late 2024. The yield on the 10-year Treasury note, which affects interest rates on all sorts of loans, ticked higher to 4.38%.Iran, US Trade Strikes Over The WeekendTensions flared in the Middle East over the weekend, with the U.S. and Iran exchanging new strikes while the sides are supposed to be in the midst of peace talks. President Trump said Iran attacked a ship in the Strait of Hormuz, the key shipping passage that is a central issue in the conflict, leading the U.S. to attack several sites in Iran, which Iran retaliated against by launching drones and missiles at Bahrain and Kuwait, countries that host U.S. military bases. Reports emerged late last night that the sides had agreed to halt the attacks and refocus on negotiation efforts for a longer-term deal over the strait and Iran's nuclear program that could end the war.Comcast Stock Surges On Plan to Split Tech, Media BusinessesComcast (CMCSA) shares are soaring after the company announced plans to split its media and technology businesses. The company said this morning that NBCUniversal, which is made up of several TV networks and the Peacock streaming service along with the Universal film studio and theme parks, will be spun off from Comcast around this time next year. The spin-off is the latest move to slim down from Comcast, which already spun off its cable business Versant (VSNT), which includes CNBC and MS NOW, formerly MSNBC, around the start of the year. Comcast shares were up 22% in recent premarket trading.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info