Wall Street futures were down marginally before the bell with earnings season winding down, the Associated Press reports. Futures for the S&P 500 fell 0.3%, as did futures for the Dow Jones Industrial Average. Nasdaq futures are off just 0.1%.
Constellation Energy climbed 14% after it announced a 20-year deal with Facebook parent company Meta to provide it with nuclear power from its Illinois plant as demand for energy to run artificial intelligence rises rapidly. A month ago, Google announced a similar partnership with Elementl Power.
Dollar General shares jumped 8% after it reported a far wider profit than analysts expected and record sales. After being forced to cut its outlook in 2024, the bargain chain boosted its outlook for 2025 as off-price retailers shine in a weakening economy.
The U.S. extended exemptions for tariffs on some Chinese goods, including solar manufacturing equipment, that U.S. industries rely on for their own production. Those exemptions, which were due to expire on May 31, were extended by three months through Aug. 31.
U.S. benchmark crude oil was up 36 cents at $62.88 per barrel. Brent crude, the international standard, picked up 33 cents to $64.96 per barrel.
The U.S. dollar rose to 143.10 Japanese yen from 142.71 yen.
