Traders work on the floor of the New York Stock Exchange during morning trading on March 30, 2026 in New York City.
Michael M. Santiago | Getty Images
U.S. stock futures were little changed Monday night after all three indexes fell during regular trading. S&P500 We are approaching the correction area.
Futures linked to broad market indexes Although the decline rate was less than 0.1%, Nasdaq 100 futures It decreased by 0.1%. Dow Jones Industrial Average Futures The increase was 23 points, or less than 0.1%.
On Monday, the S&P 500 fell 0.39%, marking its third consecutive decline. Nasdaq Composite It fell by 0.73%. 30 shares Dow It bucked this trend, rising 49.50 points (0.11%).
The S&P 500 index fell just over 9% from its closing high on Monday, driven by a decline in the technology sector, which fell more than 1%. But Art Hogan, chief market strategist at B. Riley Wealth Management, said the recent decline may reflect a typical market reset rather than an anomaly.
“There’s some talk going around, but I think long-term investors should keep in mind that a 10% correction is normal. It happens all the time. On average, there’s a 10% correction every two years,” he told CNBC. “It is also important for investors to understand that stock volatility is the price they pay for higher long-term returns.”
Hogan added: “There was a whiff of good news and a few positive days.”
Several different factors on Monday reflected ongoing geopolitical tensions in the Middle East. of CBOE Volatility IndexWall Street’s fear gauge topped 30 during the session, and US oil prices also rose to start the week.
Meanwhile, markets received good news that the Middle East wars could soon end, with President Donald Trump saying in a post on Truth Social that “significant progress has been made” on the United States’ “serious talks with a new, more rational administration to end military operations in Iran.” On Sunday, President Trump shared that tensions had eased with Iran accepting most of the US’s 15-point plan to end the war and allowing 20 additional oil ships to cross the Strait of Hormuz.
Fed Chairman Jerome Powell also offered some relief to investors on Monday, saying the current outlook for inflation is subdued and there is no need to raise interest rates at this time.
On Tuesday, traders will focus on March consumer confidence and February JOLTS job numbers.
