5 Things to Know Before the Stock Market Opens

• Trump set a Tuesday night deadline for Iran to reopen the Strait of Hormuz, threatening to attack bridges and power plants; third-party mediators proposed a 45-day ceasefire with peace talks
• Key economic data this week includes CPI for March and PCE index for February to gauge Iran war's inflation impact, plus Federal Reserve meeting minutes and start of earnings season
• Bitcoin rallied to near $70,000 over the weekend from below $67,000, lifting crypto stocks like Coinbase (up 4%) and Strategy (up 4%), though Bitcoin remains down from its $125,000 October highs

Market Summary: Monday Open Preview

Market Overview

U.S. stock futures point to a mixed open Monday, with Dow futures down 0.2% while S&P 500 and Nasdaq 100 futures rise 0.1% and 0.3% respectively. Major indexes snapped a five-week losing streak last week, marking their first winning week since the Iran conflict began.

Geopolitical Developments

President Trump issued a Tuesday night deadline for Iran to reopen the Strait of Hormuz, threatening attacks on bridges and power plants. Egyptian, Pakistani, and Turkish mediators presented a 45-day ceasefire proposal to both nations. Trump scheduled a 1 p.m. ET press conference with military officials for Monday.

Commodity Markets

Crude oil futures declined after closing above $111 last week—the highest since June 2022 and the conflict's start. Gold futures rose approximately 1% to $4,720 per ounce. The 10-year Treasury yield increased to 4.36% from 4.32%. Bitcoin surged to nearly $70,000 from below $67,000 last week.

Cryptocurrency Rally

Bitcoin-related stocks gained premarket: Robinhood up 2.5%, Coinbase up 4%, Mara Holdings up 3%, and Strategy up 4%. Bitcoin remains down significantly from its $87,500 year-start level and October's $125,000 record high.

Key Week Ahead

Earnings: Delta Air Lines and Constellation Brands lead Q1 reporting; major banks report next week.

Economic Data: February PCE Index (Thursday) and March CPI Report (Friday) will reveal inflation impacts from the Iran conflict. Fed March meeting minutes release Wednesday.

M&A Activity

Paramount Skydance nears $24 billion in commitments from Saudi, Qatari, and UAE sovereign wealth funds to finance its Warner Bros. Discovery acquisition. The funds won't receive voting rights.