S&P 500, Nasdaq, Dow futures pause after Trump rejects Iran's response to peace plan

May 11, 2026

S&P 500, Nasdaq, Dow futures pause after Trump rejects Iran's response to peace plan

Breaking News

Image source: Wikimedia Commons



US stock futures steadied on Monday after Wall Street wrapped up another strong week, while oil prices climbed as President Trump dismissed Iran’s latest proposal aimed at ending the ongoing conflict.

Dow Jones Industrial Average futures were little changed after Wall Street stocks closed higher on Friday.

Contracts on the S&P 500 and the Nasdaq 100 were down about 0.1% after US benchmarks notched record highs as April jobs growth topped expectations.

Geopolitical tensions remained in focus after Iran reportedly delivered a revised proposal to US negotiators calling for an end to the prolonged conflict and the removal of sanctions on Tehran, according to Iran’s Tasnim news agency.

Trump pushed back sharply on the proposal in a Truth Social post, calling Iran’s response “totally unacceptable.” Yahoo Finance reports.

EdgeUp

💊 Novo Nordisk shares rise as Ozempic study shows 15% weight loss in older adults

Novo Nordisk picked up new backing for its obesity lineup Monday, as a pooled analysis from the STEP trials found semaglutide produced significant weight loss among adults aged 65 and older, a group where physicians often proceed cautiously due to frailty and complex health conditions.

This finding arrives at a critical moment for Novo as the company looks to expand Wegovy and Ozempic into new markets, while the weight-loss drug industry shifts toward more accessible oral treatments.

GLP-1 drugs, which mimic a gut hormone tied to appetite and blood sugar regulation, have become a major battleground between Novo Nordisk and Eli Lilly. TechStock² reports.


🧠 Intel stock soars on Apple chip deal report — BofA says Wall Street may be moving too fast

Bank of America bumped up its price target for Intel Corp. to $96 from $56, though it maintained its Underperform rating. Analysts see potential in a chipmaking partnership with Apple, but caution that Intel’s stock may already reflect much of that optimism.

The firm estimates that if Intel captures roughly a quarter of Apple’s chip business, annual foundry sales from the deal could reach $10 billion by 2030.

Intel closed Friday at $124.92, rising 14% and reaching a fresh all-time high, according to Investing.com data.

The rally has pushed the stock up nearly 240% for the year, marking a dramatic turnaround for a chipmaker that has spent years trying to regain its position among the leaders in advanced semiconductor manufacturing. TechStock² reports.


🔋 Fluence Energy stock soars after a revenue miss: the AI power bet behind Wall Street’s re-rating

Fluence Energy shares jumped 27.4% on Friday, capping off a two-day rally fueled by news of master supply deals with two major data-center clients and a record-high $5.6 billion backlog.

The stock wrapped up the session at $24.16 on May 8, after touching $26.98 earlier, according to company data.

Investors are showing renewed appetite for companies positioned to supply power to AI data centers, pushing shares higher.

Fluence’s stock rallied despite a quarterly revenue miss against Wall Street forecasts, a sign that investor focus has shifted beyond short-term results toward order growth, margins, and rising grid demand tied to AI infrastructure expansion. TechStock² reports.


🍎 Apple's supply headache forces surprise Intel partnership

Apple and Intel have reportedly reached a preliminary agreement for Intel to manufacture some Apple-designed chips.

The move could reshape relationships across the semiconductor supply chain while helping Apple reduce its growing dependence on Taiwan Semiconductor Manufacturing.

Taiwan Semiconductor shares traded lower in premarket trading on Monday, while Intel shares moved higher following the report. Benzinga reports.


🧬 Ensysce Biosciences CEO presents at clinical pain symposium in Amsterdam, stock surges in pre-market

Ensysce Biosciences, a clinical-stage pharmaceutical company focused on next-generation pain and central nervous system therapeutics designed to reduce abuse and overdose risk, announced that CEO Dr. Lynn Kirkpatrick presented at the first Pain Therapeutics Summit Europe held in Amsterdam on May 7–8, 2026.

The event brought together global experts to discuss the latest developments in analgesic care and emerging therapeutic candidates.

Dr. Kirkpatrick’s presentation, titled “Chemical Control, Clinical Confidence: Rethinking Opioids,” highlighted a new approach to opioid development focused on chemically engineered drugs with built-in safety controls. Access Newswire reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Stock Analysis reports.


1) CLIK: Click Holdings Limited

Total gain: +119.28%

2) MRAM: Everspin Technologies, Inc.
Total gain: +38.98%

3) NVEC: NVE Corporation
Total gain: +30.81%

4) MNDY: monday.com Ltd.
Total gain: +26.27%

5) BZH: Beazer Homes USA, Inc.
Total gain: +22.27%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on May 8.
Stock Analysis reports.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) INOD: Innodata Inc.
Total gain: +86.00%
The company announced new engagements with big tech company expected to generate approximately $51 million of revenue in 2026. Access Newswire reports.

2) RXT: Rackspace Technology, Inc.
Total gain: +55.97%
The company announced the signing of a Memorandum of Understanding (MOU) establishing a framework for a multiyear strategic partnership to create an Enterprise AI Cloud purpose-built for regulated enterprises and sovereign workloads where security, governance, and accountability are non-negotiable. Globe Newswire reports.

3) WEST: Westrock Coffee Company
Total gain: +39.83%
The stock appeared to be moving on no notable news.

Today’s Notable Earnings

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


SDRL: Seadrill
Q1 2026
Before Market Open
Estimate: -0.240
Actual: -0.110

DSNKY: Daiichi Sankyo Co
Q4 2025
Before Market Open
Estimate: N/A
Actual: 0.150

HCAT: Health Catalyst
Q1 2026
After Market Close
Estimate: -0.010
Actual: N/A

Today’s Economic Dates

Time (ET)/ Report/ Period

10:00 AM - Existing home sales - April

Parting Thoughts

“People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this earth.”

– Jesse Livermore

Sourced in: Reminiscences of a Stock Operator — GoodReads.

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