Dow, S&P 500, Nasdaq Futures Gain As Trump Signals Iran Talks Could Resume: Why SNDK, BMNR, ORCL, BE, TVTX Kept Traders On Edge Today

• Trump said Iran had reached out seeking to resume negotiations following the weekend breakdown in talks in Islamabad.
• He added that 34 ships passed through the Strait of Hormuz, the highest since the closure began.
• Oil prices climbed, with WTI settling up 2.6% at $99.08 and Brent rising over 4% to $99.36 per barrel.

U.S. stock futures traded mostly higher late Monday after the S&P 500 erased its Iran war losses earlier in the session, with investors encouraged by signals that Tehran may still be willing to negotiate despite stalled weekend talks.

As of 8.40 p.m. ET, Nasdaq 100 and S&P 500 futures were up 0.1%, while Dow futures were down 0.1%.

On Stocktwits, retail sentiment toward the SPDR S&P 500 ETF Trust (SPY) was ‘extremely bearish’ amid ‘high’ message volume, while sentiment toward the Invesco QQQ Trust (QQQ) was ‘bearish’ amid ‘high’ message volume, and sentiment toward the SPDR Dow Jones Industrial Average ETF Trust (DIA) was ‘bearish’ amid ‘normal’ message volume.

US Market Drivers

U.S. President Donald Trump said Iran had reached out seeking to resume negotiations following the weekend breakdown in talks in Islamabad. “We’ve been called by the other side,” Trump said, adding, “They’d like to make a deal very badly.” 

Late Monday, Trump also warned on Truth Social of continued military pressure in the region, “Iran’s Navy is laying at the bottom of the sea, completely obliterated – 158 ships,” and cautioning that any remaining vessels approaching the U.S. blockade would be “immediately ELIMINATED… It is quick and brutal.” 

In a separate post, he added that “34 Ships went through the Strait of Hormuz yesterday, which is by far the highest number since this foolish closure began.” The remarks followed Washington’s weekend decision to impose a naval blockade targeting vessels entering and leaving Iranian ports after negotiations failed.

Vice President J.D. Vance left discussions with Iranian counterparts without an agreement, citing their unwillingness to halt nuclear weapons development. Iran had demanded control of the Strait of Hormuz, war reparations and the release of frozen assets. Mediators from Pakistan, Egypt and Turkey are continuing efforts to revive negotiations. Investors also monitored reports that Washington is weighing a return to military strikes following the collapse of talks.

The major averages climbed to start the week, with the S&P 500 closing at its highest level since before the Iran war began and the Nasdaq Composite extending its winning streak to nine straight sessions. The Dow Jones Industrial Average rebounded after recovering from an intraday drop of more than 400 points.

Meanwhile, West Texas Intermediate crude settled up 2.6% at $99.08 per barrel, while Brent crude rose over 4% to $99.36.

Asset-management giant BlackRock raised its outlook for U.S. equities to ‘Overweight’ from ‘Neutral.’ “We saw two signposts that would lead us to re-up risk after reducing it a few weeks ago. First, tangible evidence of actions that would reopen flows through the Strait of Hormuz. And second, visibility on the lingering macro impact being contained,” the firm said, according to a CNBC report.

Trending Stocks To Watch On NYSE, Nasdaq

SanDisk (SNDK): The stock hit a fresh record high on Monday after Evercore initiated coverage with an 'Outperform' rating, a $1,200 price target, and a $2,600 bull case. Citigroup also raised its price target to $980 from $875, citing strong storage supply-demand dynamics and accelerating AI-driven data growth.

Bitmine Immersion Technologies (BMNR): Shares rose 1% on Monday and gained another 4% in extended trading after the company added 71,534 Ethereum over the past week, lifting holdings to 4% of circulating supply as it moves toward a target of accumulating 5%.

Oracle (ORCL), Bloom Energy (BE): ORCL stock jumped 13% on Monday to its best session in seven months amid a rebound in software stocks, driven by hopes of a potential U.S.-Iran peace deal. Bloom Energy also announced an expanded agreement to support Oracle’s AI and cloud infrastructure buildout.

Travere Therapeutics (TVTX): Shares slipped marginally after-hours despite announcing FDA approval of Filspari to treat focal segmental glomerulosclerosis, marking the first approved therapy for the rare kidney disease.

Credo Technology Group Holding (CRDO): The stock jumped 9% in extended trading after the company agreed to acquire DustPhotonics for $750 million in cash plus stock to expand its silicon-photonics capabilities for AI data-center connectivity.

How Global Markets Are Performing Today

In broader markets, the yield on the benchmark 10-year U.S. Treasury note declined by 4 basis points to 4.3%, while gold traded near $4,747 per ounce. 

Asian markets gained on Tuesday, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 1%, alongside higher openings in Australia and Japan.

Among the catalysts for the day are the NFIB optimism index, producer price index (PPI) and core PPI readings, along with remarks from Federal Reserve officials, including Michael Barr, Susan Collins, Tom Barkin and Anna Paulson.

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