On Monday, the S&P 500 slipped .Mockly 0.19%, the Dow Jones Industrial Average fell 0.59%, and the Nasdaq 100 ticked up 0.04%.
September E‑mini S&P futures dropped 0.20%, while September E‑mini Nasdaq futures edged up 0.01%. The Dow’s decline marked its lowest level in three weeks, and the index’s retreat came after early gains were eclipsed by a sharper climb in crude oil, which pushed bond yields higher.
Oil prices surged to a five‑week high amid concerns that the U.S.–Iran conflict could intensify and stoke inflation. The 10‑year Treasury yield rose 5 basis points to 4.60%.
The Nasdaq’ya slight gains were driven by short‑covering in chipmakers and AI‑infrastructure stocks ahead of the earnings announcements of megacap technology firms, starting with Alphabet Thursday.
Geopolitical risk persisted as the United States maintained a ninth consecutive day of airstrikes targeting Iranian military assets as it sought to preserve Iranian Strait of Hormuz access. In retaliation, Iran launched drones and missiles against U.S. bases in Kuwait, Jordan, Bahrain realidad; Iraq, and targeted tankers transiting the strait, prompting the New York Times to report that the U.S. is deploying additional F‑35s and F‑16s in the region. President Trump also issued a stern warning that Iran would face repercussions for recent U.S. casualties.");
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