U.S. stocks may struggle to find direction on Monday as traders remain cautious following President Donald Trump's recent threats against Iran. Index futures are nearly flat, reflecting market uncertainty.
- U.S. stocks may show a lack of direction due to U.S.-Iran tensions.
- Index futures are nearly flat, with S&P 500 futures up by less than a tenth of a percent.
- Crude oil prices initially spiked but have retreated amid ceasefire talks.
- A potential 45-day ceasefire is under discussion, but Iran resists pressure to reopen the Strait of Hormuz.
- The ISM services PMI is expected to decline to 54.7 in March.
- Overseas markets in Asia-Pacific are mostly higher, with the Nikkei 225 up 0.6 percent and the Kospi gaining 1.4 percent.
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