Stock futures pointed to opening losses Tuesday as the AI trade and Middle East uncertainty looked set to pull markets in different directions.
Oil was giving up some of its gains from the previous session. Brent crude was down to around $93 a barrel.
Trump said Israel and Hezbollah had agreed to stop fighting, though it's unclear whether this has helped clear the path for progress in the talks with Iran.
The three major indexes all hit new closing highs on Monday, supported by software stocks. However, Alphabet issuing $80 billion in equity was giving investors another reason to fret about AI spending.
"Long gone are the days when the tech giants were capital-light free cash flow machines," Hargreaves Lansdown said. "The key question is whether that shift matters."
