S&P 500 futures closed lower amid Middle East headlines.

S&P 500 futures opened lower to start the week, driven by Middle East headlines and uncertainty surrounding U.S. and Iran peace talks. Oil prices continued to be a primary driver of asset prices, pushing equities down to 7,370 before reversing to close at 7,420. Despite the underlying indices closing lower, volatility actually finished the day down as stocks recovered from their session lows. Looking ahead, market participants will be monitoring the ADP employment change, pending home sales, and commentary from various Fed speakers, though geopolitical developments remain the primary focus.