Stock futures appeared relatively steady on Sunday evening as investors geared up for the start of trading in June. The futures for Dow Jones Industrial Average showed a modest uptick of 34 points, equivalent to about 0.1%. Meanwhile, S&P 500 futures remained flat, and Nasdaq 100 futures experienced a slight decline of 0.1%.

After a robust performance in May, during which all three major stock averages recorded their sixth positive month out of seven, Wall Street began to show signs of losing momentum towards the end of the month. Despite the Dow gaining over 500 points on Friday, both the S&P 500 and Nasdaq Composite closed May over 1% below their record highs. This downward trend was partly influenced by a 1.1% dip in the Nasdaq, which was driven by a stumble in chip stocks, including industry giant Nvidia.

Experts have attributed the market's wavering strength to high investor expectations, particularly for growth and technology companies. Companies that have fallen short of earnings projections or issued lackluster forward guidance have faced negative consequences in the market. Dylan Kremer, the Chief Investment Officer at Certuity, noted that growth stocks are also susceptible to fluctuations in interest rates, which will be closely monitored by investors ahead of the Federal Reserve meeting later this month.

The first week of June promises a slew of updates on the economic front, including crucial data releases. On Monday, investors will watch for construction spending figures for April, followed by the ISM manufacturing report for May. Tuesday will bring the JOLTS job openings report for April, alongside earnings reports from Hewlett Packard Enterprise and Bath & Body Works.

Wednesday will see the release of the ISM services PMI for May, with earnings reports from Campbell Soup and Dollar Tree adding to the mix. On Thursday, the focus will be on the initial jobless claims data, while J.M. Smucker Co. will unveil its earnings report. Finally, Friday's highlight will be the eagerly anticipated May jobs report.

As the clock ticked past 6 p.m. in New York, stock futures appeared relatively unchanged, with the three significant contracts hovering around the flatline, within 0.2% of each other.

Investors will closely monitor these economic updates and earnings reports as they seek further clarity about the direction of the market in the early days of June.