5 things to know before the stock market opens Monday

Market expectations for an interest rate reduction dropped after job and wage growth in May came in better than expected.Sign up for NBC LA newsletters.

Stock futures slipped Monday morning after polishing off a winning week on Friday. Dow Jones Industrial Average futures fell by about 0.2%, while S&P 500 futures and Nasdaq 100 futures ticked fractionally lower.stock, increasingly a market driver of late, was also down in premarket trading. Shares of the AI-enabling chipmaker were down 0.2% after a 10-1 split took effect. Shares now trade for around $120 apiece. FollowU.S.

– CNBC's Sarah Min, Jeff Cox, Fred Imbert, Yun Li, Alex Harring, Mike Wayland and Katrina Bishop contributed to this report.

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