U.S. stock futures were down on Monday evening after a highly volatile trading session earlier in the day. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.28%, 0.18%, and 0.24%, respectively, at 6:27 p.m. EST on March 9.
Claim 30% Off TipRanks
Trade QQQ with leverageMajor U.S. stock indices staged a massive rebound on Monday, closing in positive territory after erasing steep early-morning losses. The market turnaround was fueled by optimistic comments from President Trump, suggesting the conflict with Iran could be nearing an end. The Nasdaq Composite, the S&P 500, and the Dow Jones gained 1.4%, 0.8%, and 0.5%, respectively.
Looking ahead, traders await the release of the NFIB optimism index and the existing-home sales report on Tuesday. Meanwhile, NIO (NIO), Oracle (ORCL), AeroVironment (AVAV), and Kohl’s (KSS) will report results tomorrow.