On June 1st, ahead of the U.S. market open, all three major index futures were trading higher. As of 16:30 Beijing time, Dow Jones Industrial Average futures were up 0.19%, Nasdaq 100 futures rose 0.17%, and S&P 500 futures gained 0.18%.



NVIDIA's GTC Taipei 2026 conference commenced today, with CEO Jensen Huang delivering a keynote speech unveiling breakthrough technological advancements powering the next generation of AI. Related stocks moved higher, with NVIDIA gaining nearly 2%. Microsoft shares were up nearly 3% pre-market, while Arm Holdings saw a pre-market surge of over 8%.



Popular semiconductor stocks showed mixed performance pre-market. Qualcomm declined over 6%, AMD fell more than 3%, and Intel dropped nearly 3%, while Broadcom gained over 2%. The memory sector performed strongly, with Micron Technology shares rising over 4% pre-market, breaching the $1,000 per share mark. SanDisk also gained over 2%.



Software stocks continued their upward trend.



IBM (NYSE: IBM)



IBM shares were up 6.71% in pre-market trading.



Adobe Inc. (NASDAQ: ADBE)



Adobe shares rose 4.1%.



Salesforce, Inc. (NYSE: CRM)



Salesforce shares advanced 3.5%.



Oracle Corporation (NYSE: ORCL)



Oracle shares gained nearly 3%.



Among U.S.-listed Chinese stocks, software company Hitek Global saw a dramatic pre-market surge.



Hitek Global Inc. (NASDAQ: HKIT)



Hitek Global shares skyrocketed 184% pre-market.



Kingsoft Cloud Holdings Limited (NASDAQ: KC)



Kingsoft Cloud shares rose over 5%.



Bilibili Inc. (NASDAQ: BILI)



Bilibili shares gained over 4%.



XPeng Inc. (NYSE: XPEV)



XPeng shares increased over 4%.



Niu Technologies (NASDAQ: NIU)



Niu Technologies shares advanced over 4%.



Spot gold continued to decline, falling below the $4,500 per ounce level once more. At the time of writing, it was down 1.01%, trading at $4,493.93 per ounce.



International oil prices continued to climb. Brent crude was up 3.45%, while West Texas Intermediate (WTI) crude rose 3.95%.



Throughout the month of May, spot gold showed relatively little overall movement, ending the month with a decline of 1.80%. During the month, it reached a high of $4,773.58 per ounce and a low of $4,365.85 per ounce, representing a monthly range of 8.82%.



According to reports, U.S. President Donald Trump stated on social media on June 1st that Iran "really wants" to reach a deal, and it would be "a good deal for America and our allies."



Both the U.S. and Iran have indicated that ceasefire negotiations are in their final stages, but significant differences remain regarding Iran's nuclear program and issues surrounding the Strait of Hormuz.