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US Equity Indexes Fall as Vance's Trip to Pakistan on Hold Ahead of Iran Ceasefire Deadline

US equity indexes fell ahead of Tuesday's close as Vice President JD Vance's visit to Pakistan to negotiate a lasting peace deal with Iran has reportedly been put on hold.The Nasdaq Composite fell 0.3% to 24,332.2, with the S&P 500 down 0.4% to 7,083.5 and the Dow Jones Industrial Average lower by 0.4% to 49,247.5. All three gauges traded higher earlier in the session.Vice President JD Vance was set to leave this morning for Pakistan, the expected location for the next round of US-Iran talks, but his trip has been put on hold as he and other key officials gather at the White House, CNN reported.The US blockade of the Strait of Hormuz has contributed to the ongoing uncertainty surrounding a second round of talks, CNN cited sources as saying.US President Donald Trump reiterated that he doesn't want to extend his ceasefire deadline of Wednesday evening ET, adding that he expects "to be bombing" if a deal isn't reached, the news report added.West Texas Intermediate crude oil futures climbed 2.8% to $92.13, and Brent crude futures advanced 1.6% to $96.98.

Dow JonesNasdaq CompositeS&P 500$DHI$UNH

US Equity Indexes Give Up Gains as Investors Await Fate of Iran Peace Talks

US equity indexes fell, giving up intraday gains, as crude oil futures gathered momentum in midday trading on Tuesday, with investors still awaiting confirmation from Iran that it will attend the second round of peace talks in Pakistan.The Nasdaq Composite slipped 0.1% to 24,380.8, with the S&P 500 down 0.2% to 7,097.6 and the Dow Jones Industrial Average lower by 0.2% to 49,337.5. All three gauges traded higher earlier in the session amid the flow of quarterly results.President Donald Trump told CNBC on Tuesday that he expects the US and Iran to make a "great deal," referring to the proposed second round of talks in Islamabad that Iran has yet to confirm it will attend. The president added, however, that the US military is "ready" to bomb Iran if a deal is not signed by the ceasefire deadline Wednesday evening and that he does not want to extend it.West Texas Intermediate crude oil futures climbed 4.3% to $93.50, and Brent crude futures advanced 2.8% to $98.17.In company news, UnitedHealth Group (UNH) raised its full-year earnings outlook on Tuesday, as the health insurance giant recorded an unexpected annual increase in its Q1 results. Shares jumped 7.6%, the top gainer on the S&P 500 and the Dow.D.R. Horton's (DHI) fiscal Q2 results came in better than expected, although the homebuilder tempered its full-year revenue outlook. Shares advanced 7.1%, among the S&P 500's outperformers.

North American Construction Group Says This Increases Revenue Visibility and Contractual Backlog by $125M

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Dow JonesNasdaq CompositeS&P 500$AMZN$GE$JPM$UNH

AI Optimism Buoys US Equity Futures Pre-Bell Amid Uncertainty of US-Iran Peace Talks

US equity futures were higher pre-bell on Tuesday as recent optimism on artificial intelligence and tech buoyed investor sentiment amid the uncertainty of a second round of talks between the US and Iran.Dow Jones Industrial Average futures were 0.7% higher, S&P 500 futures were up 0.5%, and Nasdaq futures were 0.5% higher.JPMorgan Chase (JPM) boosted its year-end target for the S&P 500 index to 7,600, pointing to AI and tech-driven earnings, while Amazon (AMZN) said it planned to invest $5 billion in Claude AI chatbot creator Anthropic, with up to another $20 billion potentially available in the future if certain commercial milestones are met.President Donald Trump seems positive on the new round of peace talks happening, while Iran has said they will not negotiate "under the shadow of threat." The ceasefire between the two nations ends tomorrow.Traders took note of the latest round of earnings, with GE Aerospace (GE) and UnitedHealth Group (UNH) reporting higher Q1 adjusted earnings and revenue.Oil prices were mostly flat, with front-month global benchmark North Sea Brent crude down 0.2% at $95.30 per barrel and US West Texas Intermediate crude 0.2% higher at $87.60 per barrel.The March retail sales report, due at 830 am ET, is forecast to show a 1.4% increase following a 0.6% gain in the previous month, according to estimates compiled by Bloomberg.The Senate Banking Committee hearing of Kevin Warsh for the Federal Reserve chair is scheduled at 10 am ET.

Gold Futures Drop 0.5% to $4,805.70 Early Tuesday; Silver Futures Fall 1.4% to $79.50

Gold, Silver Futures Fall Pre-Bell Ahead of Iran's Formal Confirmation to Attend Peace Talks in Pakistan

WTI Crude Oil Futures Drop 1.8% to $88.04 Pre-Bell; Brent Futures Fall 0.5% to $95.05

WTI, Brent Crude Oil Fall Pre-Bell Amid Media Rumors Iran to Attend Peace Talks in Pakistan

CBOE Volatility Index Up 1.2% Pre-Bell as Confusion Surrounds Iran Peace Talks in Pakistan

US Equity Futures Rise Pre-Bell Ahead of March Retail Sales, Potential Iran Peace Deal Talks in Pakistan

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US Equity Markets Fall After Iran Blocks Strait, Stalls Peace Talks; Crude Oil Jumps

US equity indexes closed lower on Monday after Iran closed the Strait of Hormuz again and refused to continue peace talks, claiming the US "did not fulfill their obligations," sending crude oil prices sharply higher.* The second round of US and Iran peace talks was planned to start in Islamabad on Monday, the Wall Street Journal reported. While Tehran hasn't publicly confirmed its participation, it has told regional mediators that it would send a team to negotiate, the report said.* President Donald Trump said he's not likely to extend the two-week ceasefire with Iran, increasing the urgency for negotiators to conclude a deal to end the war, Bloomberg reported.* May West Texas Intermediate crude oil rose $4.92 to settle at $88.77 per barrel, while June Brent crude, the global benchmark, was last seen up $4.67 at $95.05.* Alphabet's (GOOG, GOOGL) Google is negotiating with Marvell Technology (MRVL) to develop two new processors optimized for AI inference tasks, The Information reported. Marvell shares rose 5.8%, the second-biggest gain on the Nasdaq.* Norwegian Cruise Line Holdings (NCLH) shares fell 3.5%, the fourth-largest drop on the S&P 500, amid heightening tensions in the Middle East.

US Equity Indexes Slip Amid Reports Iran Peace Negotiations to Enter Second Round

US equity indexes slipped ahead of Monday's close amid speculation that a second round of Iran talks will go ahead in Pakistan.The Nasdaq Composite fell 0.5% to 24,344.1, with the S&P 500 down 0.3% to 7,101.5, after breaking records late last week when President Donald Trump talked up the likelihood of an Iran peace deal before the end of the current, two-week ceasefire on Tuesday. The Dow Jones Industrial Average fell 0.1% to 49,378.5.The US and Iran plan to hold peace talks in Islamabad this week, The Wall Street Journal reported Monday. While Iran hasn't publicly confirmed that it would send representatives to the meetings in Pakistan, it has told regional mediators that it would send a team to negotiate, people familiar with the matter told the WSJ.Pakistan is confident it can get Iran to attend talks with the US, Reuters reported Monday, citing a senior Pakistani government official."We have received a positive signal from Iran," the source told Reuters, speaking on condition of anonymity. "Things are fluid, but we are trying that they should be here when we start the talks tomorrow or a day after."President Trump said he's not likely to extend the two-week ceasefire with Iran, increasing the urgency for negotiators to conclude a deal to end the war, Bloomberg reported Monday.

US Equity Indexes Retreat From Records as Iran Peace Talks Hang in Balance

US equity indexes slipped, while crude oil futures rose amid high-stakes Middle East diplomacy to bring Iran back to the negotiating table in Pakistan for a second round of peace talks.The Nasdaq Composite fell 0.6% to 24,308.2, with the S&P 500 down 0.4% to 7,100.3, after breaking records last week when President Donald Trump talked up the likelihood of reaching an Iran peace deal before the end of the current, two-week ceasefire on Tuesday. The Dow Jones Industrial Average fell 0.3% to 49,284.5.Consumer discretionary, communication services, and technology led decliners intraday. Energy and materials were among the biggest gainers.West Texas Intermediate crude oil futures jumped 5.1% to $88.16, and Brent crude futures advanced 5% to $94.91.Vice President JD Vance and top US officials are expected to depart Tuesday for Islamabad, Pakistan, ahead of a potential second round of talks with Iran, CNN reported Monday, citing sources. Iran is considering attending peace talks, a senior official from the Middle East nation told Reuters on Monday, following moves by Islamabad to end a US blockade of Tehran's ports, a major hurdle for the country under threat of widespread attack to rejoin peace efforts.Trump said it's "highly unlikely" he would extend the two-week ceasefire with Iran if a deal is not reached before it ends, and said the Strait of Hormuz would remain blocked until an agreement is finalized, Bloomberg reported. The US president said in a Monday phone interview that the second round of talks with Iran is set to begin Tuesday.

Dow JonesNasdaq CompositeS&P 500$GE$IBM$INTC$PG$TSLA$UNH

Renewed Tensions in Middle East Dampen US Equity Futures Pre-Bell

US equity futures were lower pre-bell on Monday as tensions escalated in the Middle East once again after the US seized an Iranian cargo ship that tried to run the US blockade of Iran's ports, and Iran refused to restart peace negotiations with the US in Pakistan.Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.6%, and Nasdaq futures were 0.5% lower.The US had said it wanted to resume negotiations before the two-week ceasefire with Iran ends on Tuesday, but Iran's foreign ministry said it would not join new talks due the ongoing blockade and "excessive demands" of the US.Over the weekend, Iran lifted and then reimposed its own blockade on vessels passing through the Strait of Hormuz.Some of the companies expected to report quarterly earnings this week are GE Aerospace (GE) and UnitedHealth Group (UNH) pre-bell on Tuesday, Tesla (TSLA) and IBM (IBM) after-market on Wednesday, Intel (INTC) after-market on Thursday, and Procter & Gamble (PG) pre-bell on Friday.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.8% at $94.73 per barrel and US West Texas Intermediate crude 5.7% higher at $87.29 per barrel.The economic calendar is vacant.

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Nasdaq 100 Futures and S&P Futures Both Down Near 0.4%

Japan157d ago

US Equity Markets Higher After Iran Officially Confirms Strait of Hormuz is 'Completely Open'

US equity indexes closed higher on Friday, with the S&P 500 and the Nasdaq Composite breaking records, after Iran declared that the Strait of Hormuz is completely open following the Israel-Lebanon ceasefire, resulting in a sharp decline in crude oil prices.* "In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X.* US and Iran are discussing a plan as part of their peace talks that would see the US release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium, Axios reported Friday, citing US officials and additional sources.* May West Texas Intermediate crude oil fell $10.37 to settle at $84.32 per barrel, while June Brent crude, the global benchmark, was last seen down $8.95 at $90.44.* Monolithic Power Systems (MPWR) shares were up about 4.7% after Oppenheimer raised its price target for the stock to $1,500 from $1,300 and kept its outperform rating.* Netflix (NFLX) shares were down roughly 10%, the worst performer on the Nasdaq, after the company released Q2 guidance late Thursday below market consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.

Dow JonesNasdaq CompositeS&P 500$MPWR$NFLX

Japan157d ago

S&P 500, Nasdaq Composite Hit Records as Trump Tackles Iran's Nuclear Ambitions, Hormuz Chokepoint

US equity indexes jumped Friday, with the S&P 500 and the Nasdaq Composite making all-time highs, and crude oil futures sank ahead of the close after a breakthrough in Middle East diplomacy boosted optimism surrounding an Iran peace deal.The Nasdaq Composite advanced 1.2% to 24,403.5, with the S&P 500 up 1.1% to 7,114.1, and the Dow Jones Industrial Average higher by 1.% to 49,412.8. West Texas Intermediate crude oil futures plunged 11% to $84.2, and Brent crude futures plummeted 8.4% to $91.05.Bloomberg reported that President Donald Trump said Iran agreed to suspend its nuclear program indefinitely and will not receive any frozen funds from the US. Axios reported Friday that the US could release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium.Trump said in a phone interview on Friday that a deal to end the war is mostly complete, according to the Bloomberg news report. Talks over a lasting agreement will "probably" be held this weekend, the president was cited as saying. The US-Iran ceasefire ends next week, implying an extension to the truce may not be required.Earlier in the day, Iran announced the reopening of the Strait of Hormuz for the remainder of the ceasefire period."In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X. The 10-day truce between Israel and Lebanon came into force on Thursday.Trump also said Friday the US naval blockade will continue until a deal with Iran is "100% complete," CNN reported.