LIVE BLOG01 Jun 2026 | 05:59:01 PM ISTAI rally lifts US futures; Micron crosses $1,000 markSynopsisDow Jones Today | US Stock Market Live Updates: US stock futures advanced as Nvidia and Microsoft rallied on fresh AI developments, offsetting concerns over US-Iran tensions. Micron crossed the $1,000 mark for the first time, while investors remained cautious ahead of key economic data and central bank signals this week.Dow Jones Today | Nasdaq | S&P 500 | US Stock Market Live Updates: US stock index futures climbed on Monday, driven by gains in Nvidia and Microsoft after new AI initiatives. Nvidia surged on unveiling a new AI chip, while Microsoft extended gains. Micron topped $1,000 for the first time. However, geopolitical tensions between the US and Iran kept sentiment cautious. Investors now await jobs data, Broadcom earnings and Fed cues amid rising inflation concerns. Show more Show less1 New UpdateUS Stock Market Today | Dow Jones | Nasdaq Live | Broader cues: earnings, deals and sector rotationAttention will also be on Broadcom’s earnings after strong guidance from Dell signalled robust demand for AI infrastructure. Cadence Design Systems surged on launching an AI-powered chip design platform, while Taylor Morrison jumped after a Berkshire Hathaway acquisition deal. Analysts expect market gains to broaden beyond mega caps, with increased sector rotation and bouts of volatility ahead.Dow Jones Today | Nasdaq | S&P 500 | US Stock Market Live Updates: Market outlook shaped by data and Fed expectationsInvestors are now focused on upcoming economic triggers, including the US jobs report and comments from Federal Reserve officials. Markets are pricing in a high probability of a rate hike later this year, reflecting persistent inflation concerns. The leadership transition at the Fed and the upcoming policy meeting add another layer of uncertainty for global investors.Dow Jones Today | US Stock Market Live Updates: Chipmakers diverge as Micron hits milestoneWhile Nvidia and Microsoft rallied, other chipmakers faced pressure. AMD and Intel declined sharply, while Apple and Qualcomm also slipped. In contrast, Micron surged past the $1,000 mark for the first time, capping a strong rally driven by demand for memory chips linked to AI growth. The divergence highlights selective investor positioning within the semiconductor space.US Stock Market Today | Dow Jones | Nasdaq Live: Nvidia and Microsoft lead gains on AI developmentsNvidia rose after unveiling a new AI chip designed for laptops and desktops, marking a deeper push into consumer computing. The development comes from a three-year partnership with Microsoft aimed at reshaping personal computing for the AI era. Microsoft shares also advanced, reflecting optimism around AI integration across products. The announcements reinforced the dominance of mega-cap tech firms in driving market gains.US Stock Market Today | Dow Jones | Nasdaq Live: AI push lifts futures despite geopolitical concernsUS stock futures moved higher as strong momentum in artificial intelligence stocks helped offset concerns around escalating US-Iran tensions. Gains in Nvidia and Microsoft supported sentiment, even as oil prices rose and uncertainty around the Middle East conflict persisted. Investors appeared willing to look past geopolitical risks in favour of structural growth themes like AI, which continue to dominate market direction in the near term.