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Dow Jones Futures: Trump rejected Iran's proposal, sending the stock market lower. Elon Musk-led SpaceX and Tesla fell sharply.
US stock futures moved lower on Monday as investors assessed developments in the conflict involving Iran, higher oil prices and OpenAI’s decision to pause training of its latest artificial intelligence models. At 03:50 ET, S&P 500 futures were down 0.
Last week, the Dow Jones recorded its third weekly decline, while the Nasdaq and S&P 500 indexes ended on a positive note. However, in the early hours of Monday, US stock futures are trading under pressure as investors look for fresh catalysts in the week.