U.S. Stock Futures Down after a Volatile Session

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U.S. stock futures were down on Monday evening after a highly volatile trading session earlier in the day. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average DJIA +0.87% ▲ , and the S&P 500 Index (SPX) were down 0.28%, 0.18%, and 0.24%, respectively, at 6:27 p.m. EST on March 9.

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Major U.S. stock indices staged a massive rebound on Monday, closing in positive territory after erasing steep early-morning losses. The market turnaround was fueled by optimistic comments from President Trump, suggesting the conflict with Iran could be nearing an end. The Nasdaq Composite, the S&P 500, and the Dow Jones gained 1.4%, 0.8%, and 0.5%, respectively.

Looking ahead, traders await the release of the NFIB optimism index and the existing-home sales report on Tuesday. Meanwhile, NIO NIO +3.35% ▲ , Oracle ORCL -0.92% ▼ , AeroVironment AVAV -1.09% ▼ , and Kohl’s KSS -2.12% ▼ will report results tomorrow.

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