S&P 500 futures were relatively unchanged on Monday amid growing doubts that the U.S. and Iran will come to a lasting resolution to the conflict in the near term. Futures tied to the broad index traded down 0.1%, while Nasdaq-100 futures declined 0.2%. Dow Jones Industrial Average futures, however, fell 120 points, or 0.2%. Shares of Intel were among the laggards in the premarket, falling 5% after the company said it’s going to be offering $15 billion in common stock. Iran has said it is closing in on a deal with Oman to reopen the Strait of Hormuz, but Tehran has continued to resist direct negotiations with the U.S. until several conditions are met. Iranian Foreign Minister Abbas Araghchi said Sunday there was “no possibility of restarting negotiations” as long as the U.S. continues violating the June memorandum of understanding, without compensating for its “violations,” according to Tasnim News Agency, a semi-official news outlet associated with the Islamic Revolutionary Guard Corps. Oil prices rose on Monday as uncertainty hovered over the market. U.S. West Texas Intermediate crude futures were up 1% at around $79 per barrel, while international benchmark Brent crude futures were up 1% at around $84. Last week, Treasury Secretary Scott Bessent’s comments to CNBC strongly indicated a deal was imminent. But President Donald Trump told Axios on Sunday that the U.S. was “only semi-negotiating” with Iran and wanted the Middle Eastern country to feel economic pressure. The three major U.S. indexes are coming off their best weeks since April. The S&P 500 finished last week at an all-time closing record. Stocks got an end-of-week boost on Friday after the July nonfarm payrolls report showed an unexpected contraction, raising hopes for investors that the Federal Reserve will hold off on interest rate hikes. Fed funds futures traders now price in a roughly 44% likelihood that the central bank raises rates at its September meeting, down from a 67% reading seen a week prior, according to CME’s FedWatch tool. Investors will closely monitor consumer and producer price index readings due out this week for the latest insights on inflation. No major economic reports are expected on Monday. Traders will also be watching for earnings reports due out this week from consumer-facing companies such as On Holding and Cava Group, as well as technology firms including Super Micro and CoreWeave. U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, with particular focus on a key inflation reading. At 3:58 a.m. ET, the 10-year Treasury yield was down just over 1 basis point, and the 30-year Treasury bond similarly declined 1 basis point. The 2-year Treasury note yield was trading just above the flatline. Asia-Pacific markets closed broadly higher on Monday as the major bourses tracked Friday’s gains in the U.S. Japan’s Nikkei 225 added 2.1% to close at 66,970, while Hong Kong’s Hang Seng index added 1%. South Korea’s Kospi gained 0.65%, and the small-cap Kosdaq advanced 7%. Mainland China and Hong Kong shares rose Monday, tracking broad gains among other Asian markets. Hong Kong’s Hang Seng index rose 0.37%, while mainland China’s CSI 300 gained 0.30%. Mainland China and Hong Kong shares rose Monday, tracking broad gains among other Asian markets. Hong Kong’s Hang Seng index rose 0.37%, while mainland China’s CSI 300 gained 0.30%. Gold was flat on Monday after prices hit a seven-week high in Friday’s session. Spot gold was unmoved at $4,342.86 per ounce in early morning trade, while Comex gold futures were flat at $4,399.90. Prices ​had risen to the highest level since June 17 on Friday after weaker-than-expected U.S. nonfarm payrolls data.