Stocks Set to Open Higher Despite Israel-Iran Escalation, U.S. Inflation Data and SpaceX IPO Awaited

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June S&P 500 E-Mini futures (ESM26) are up +0.32%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.66% this morning, signaling a modest rebound from Friday’s tech-led selloff on Wall Street even as escalating tensions in the Middle East pushed oil prices and bond yields higher. The price of WTI crude climbed over +4% on Monday after Israel and Iran traded fire, threatening an already fragile ceasefire in the Middle East. In several waves of strikes, the two sides attacked each other for the first time since a U.S.-brokered ceasefire came into effect in April. U.S. President Donald Trump…

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