U.S. stock futures swung overnight Sunday as investors sought to stabilize after another weak week for stocks, while keeping a close eye on rising oil prices due to the U.S.-Iran war.
Futures linked to the Dow Jones Industrial Average (YM=F), S&P 500 futures (ES=F) and Nasdaq 100 futures (NQ=F) hovered around the flat line.
The cautious start to the week follows a third consecutive weekly decline for the S&P 500 (^GSPC), which ended Friday at its lowest level of the year and its lowest point since November.
Oil prices continued to rise as the US-Israel war with Iran continues to halt traffic through the Strait of Hormuz. Both benchmark crude prices rose above $100 a barrel for the first time since 2022. In the latest development, US attacks on Kharg Island, Iran’s main export hub, have deepened immediate fears about supply while raising future risks as Iran vows retaliation against US energy facilities in the region.
In early trading on Monday, West Texas Intermediate crude (CL=F) rose about 2% to around $100.90 per barrel, while Brent crude (BZ=F) rose about 2.6% to settle above $105.
Investors will also be keeping an eye on national corporate and political developments this week. Nvidia’s (NVDA) annual GTC conference begins Monday with a keynote address from CEO Jensen Huang, while the Federal Reserve is scheduled to hold its second policy meeting of the year. Markets generally expect the central bank to leave interest rates unchanged.
LIVE COVERAGE STARTS SOON
Stock coverage for Monday, March 16, 2026.