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U.S. stock futures were little changed on Tuesday morning after the major averages staged a comeback in the previous session, amid renewed hopes that a resolution may be in sight for the U.S.-Iran conflict.
Futures for the Dow Jones Industrials sagged 73 points, or 0.2%, to 46,449.
Futures for the S&P 500 index subtracted 8.25 points, or 0.1%, to 6,626.50.
Futures for the NASDAQ fell 16.25 points, or 0.1%. to 24,391.50.
The major averages all rose more than 1% after President Donald Trump said in a Truth Social post that the U.S. and Iran have held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”
Iranian state media reported that there were no direct talks between the two countries, however. Stocks surged, with the Dow up more than 1,100 points on the day at one point.
On Tuesday morning, traders will watch out for data on the U.S. manufacturing Purchasing Managers’ Index.
In Japan, the Nikkei 225 moved ahead 1.4%, while in Hong Kong, the Hang Seng gathered 2.8%.
Oil prices acquired $2.29 to $90.42 U.S. a barrel.
Gold prices climbed $6.50 to $4,413.80 U.S an ounce.
