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24.03.202606:05:40UTC+00US Futures Drop on Iran Pushback

US stock futures slipped on Tuesday after Iran rejected claims that it was engaged in talks to end the conflict, directly contradicting President Donald Trump’s assertions. Tehran also reported launching new attacks on US targets in the Middle East, while Israel continued its strikes on both Iran and Lebanon, keeping geopolitical tensions elevated.

In regular trading on Monday, the Dow Jones Industrial Average and the Nasdaq Composite each advanced 1.38%, and the S&P 500 gained 1.15%. All 11 S&P 500 sectors finished higher, led by consumer discretionary, materials, and technology shares. The rally came after Trump announced a five-day postponement of planned strikes on Iranian energy infrastructure and claimed that constructive negotiations were underway.

Looking ahead, investors are now focused on upcoming US manufacturing data due Tuesday, as well as earnings reports from GameStop and KB Home.

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