U.S. stock futures were higher on late Monday night as the market began to steady on news of potential peace talks ahead of ceasefire deadline. After a weekend of geopolitical headlines, investors are now looking forward to a packed schedule of first-quarter earnings results. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.33%, 0.20%, and 0.22%, respectively, at 1:15 a.m. EDT on April 21.
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Trade QQQ with leverageMeanwhile, oil prices also cooled off. At the time of writing, Brent crude (CM:BZ) slipped 0.82% to $94.7 per barrel, while WTI crude (CM:CL) fell 1.13% to $94.4.
In Monday’s regular trading session, major indices slipped as tensions between the U.S. and Iran rose after President Trump said on Sunday that the U.S. seized an Iranian cargo ship in the Gulf of Oman. The Nasdaq fell 0.3%, ending its 13‑session winning streak. Also, the S&P 500 dipped 0.2%, while the Dow edged down less than 0.1%.
Looking ahead, a busy earnings slate hits before Tuesday’s open, with reports due from UnitedHealth (UNH), GE Aerospace (GE), 3M (MMM), Halliburton (HAL), Quest Diagnostics (DGX), RTX (RTX), and Tractor Supply (TSCO). March retail sales data will also be released on Tuesday morning.