U.S. stock futures were around the flatline on Monday evening after a positive session fueled by hopes of progress in the U.S.-Iran conflict. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were up 0.14%, 0.08%, and 0.06%, respectively, at 6:47 p.m. EDT on March 23.
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Trade QQQ with leverageMajor stock indices jumped on Monday while oil prices sank after President Trump said he had temporarily paused planned strikes on Iranian power plants following “productive conversations.” The Nasdaq and the Dow each rose 1.4%, and the S&P 500 gained 1.2%.
Looking ahead, investors are awaiting the U.S. flash services and manufacturing PMI for March. On the earnings front, GameStop (GME) and KB Home (KBH) are scheduled to report quarterly numbers tomorrow.