S&P 500, Dow, Nasdaq Futures On Edge As Iran Ceasefire Worries Linger Ahead Of Trump’s China Visit: HIMS, QUBT, GSIT, AG Stocks In Focus

• Dow Jones futures, the S&P 500 futures, and the Nasdaq 100 futures all declined overnight. 
• The president is slated to visit Beijing on Wednesday and has reportedly invited top U.S. executives, including Elon Musk, Tim Cook, and Larry Fink, to join him.
• The Senate has advanced toward confirming Kevin Warsh as the next Federal Reserve chair.

U.S. stock futures edged lower in Monday’s overnight trading session after President Donald Trump said in the Oval Office that the ceasefire with Iran is on "massive life support." The comments come ahead of his slated visit to China later this week.

Dow Jones futures were 0.04% lower at the time of writing, the S&P 500 futures were down 0.07% and Nasdaq 100 futures declined 0.14% as of 9.02 p.m ET. Meanwhile, oil prices climbed higher.

Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ), were lower at the time of writing, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was higher. Meanwhile, retail sentiment on Stocktwits for SPY was ‘bullish’, while QQQ and DIA were in the ‘neutral’ territory at the time of writing.

How Did US Markets Fare?

On Monday, benchmark indexes closed higher, bolstered by strong gains in tech. The S&P 500 and Nasdaq Composite rose to yet another high in intraday trading, before closing up 0.19% and 0.10%, respectively. Meanwhile, the Dow Jones Industrial Average closed 0.19% higher.

US Market Drivers

Trump’s comments on Iran overshadowed technology gains on Monday that helped stock markets rise. The president told reporters that while the month-long ceasefire with Iran was still active, it was "unbelievably weak."

Trump also said that the U.S. is considering restarting ‘Project Freedom’ to escort ships through Hormuz in an attempt to end the Iranian blockade of the vital waterway.

Additionally, the president is slated to visit Beijing on Wednesday and has reportedly invited top U.S. executives, including Elon Musk, Tim Cook, and Larry Fink, to join him. He is expected to discuss trade, artificial intelligence, export controls, Taiwan and the Iran war with Chinese President Xi Jinping.

“I am very much looking forward to my trip to China, an amazing Country, with a Leader, President Xi, respected by all. Great things will happen for both Countries!” Trump posted to Truth Social on Monday.

Meanwhile, the Senate took another step toward confirming Trump nominee Kevin Warsh as the next Federal Reserve chair. Markets will also be watching out for the latest inflation report due on Tuesday.

Trending Stocks To Watch

Hims & Hers Health Inc. (HIMS): Shares of the telehealth company plummeted more than 14% in Monday’s post-market hours after its first-quarter (Q1) results missed Wall Street expectations and it reported a surprise net loss.

Quantum Computing Inc. (QUBT): The quantum and photonics company’s shares surged more than 16% overnight after its Q1 results soared past expectations. The company’s revenue surged to about $3.7 million, compared to just $39,000 in the corresponding quarter of 2025, driven primarily by strategic acquisitions.

GSI Technology Inc. (GSIT): The small-cap technology stock is on the retail radar after it jumped more than 11% overnight, extending optimism over its strong fourth-quarter results and the $2 million U.S. Army xTech Small Business Innovation Research contract to develop edge AI solutions.

First Majestic Silver Corp. (AG): The Canadian mining company garnered attention ahead of its first-quarter earnings expected on Tuesday, even as its shares climbed higher on surging silver prices.

Broader Market Trends

Oil futures climbed higher in Monday’s overnight session. Brent crude futures expiring in July were up about 0.55%, trading at around $104.78 a barrel, while WTI crude futures expiring in June were 0.63% higher, at $98.69 a barrel at the time of writing.

Meanwhile, treasury yields on the benchmark 10-year were at 4.419%, while gold traded around $4,751.19 an ounce.

Asian markets climbed higher at the open on Tuesday, with the KOSPI, Nikkei 225, and the SSE Composite index trading higher at the time of writing. However, Australian stocks were lower at the open.

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