Stocks reversed course from their lows Monday and closed higher across the board after Trump gave signs that an end may be in sight for the U.S.-Iran war.
Stock futures slipped Monday night after major averages swung sharply in a volatile session and traders kept a close eye on the latest developments out of Iran.
Futures tied to the Dow Jones Industrial Average
lost 141 points, or 0.3%. S&P 500 futures
fell 0.3%, while Nasdaq 100 futures
slid 0.3%.
The Dow and Nasdaq fell around 2% each last week, while the S&P 500 lost 1.5%.
Wall Street is coming off a losing session in which higher oil prices and spiking Treasury yields weighed on equities.
President Donald Trump extended the U.S. ceasefire with Iran on Tuesday afternoon.
The major averages staged a relief rally on Monday after President Trump said that the U.S. and Iran have had "productive" talks.
Heightened geopolitical tensions are front and center heading into a pivotal week for stocks.
The three major indexes are coming off a winning weak.
