Following the strength seen during last Friday's session, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent.
Uncertainty about the situation in the Middle East may keep some traders on the sidelines after President Donald Trump said over the weekend that he would be reviewing a new peace proposal from Iran but said he "can't imagine that it would be acceptable."
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