US Futures Fluctuate
2026-04-27 04:47
By
Jam Kaimo Samonte
1 min. read
S&P 500 and Nasdaq 100 futures traded flat on Monday, reversing earlier losses after reports emerged that Iran had submitted a new proposal to the US aimed at reopening the Strait of Hormuz and easing tensions.
The proposal, reportedly delivered via Pakistani mediators, called for extending the ceasefire to support progress toward a lasting settlement, while deferring nuclear negotiations until the US blockade of the strait is lifted.
Earlier in the session, US stock futures had opened lower after President Donald Trump cancelled plans to send senior envoys for a second round of talks with Iran, while Tehran reiterated it would not engage in negotiations under threats or blockade conditions.
Meanwhile, investor attention is shifting to earnings from megacap technology companies this week, including Microsoft, Amazon, Alphabet, Meta, and Apple.
The Federal Reserve is also widely expected to keep its policy rate unchanged on Wednesday.