Appleshares were down 1.3 per cent. The comes even as the IT giant is scheduled to report this week. S&P 500 slipped less than 0.1 per cent in early trading Monday. TheDow Jones Industrial Averageedged up 74 points, and theNasdaqcomposite fell 0.3 per cent.

U.S. stock market is drifting after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices are rising. The index is coming off its latest all-time high, driven by strong profit reports from U.S. companies and hopes that the United States and Iran can avoid a worst-case scenario for the economy because of their war. Crude oil prices climbed more than 1 per cent as tankers still find the Strait of Hormuz effectively closed.

Trading on Wall Street was quietly mixed early on Monday and oil prices crept up again as talks on ending the war with Iran remained at an impasse. Futures for the S&P 500 are flat before the opening bell, while futures for the Dow Jones Industrial Average shed 0.1 per cent. Nasdaq futures rose 0.2 per cent.

Wall ​Street’s main ​indexes opened slightly ​lower on Monday as peace talks between ‌the ⁠U.S. ⁠and Iran stalled, ​while investors awaited a flood ​of earnings as well as commentary ​from the ⁠Federal Reserve ‌meeting ​this ​week.

This week will bring decisions on interest rates by top central banks, including the Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England. A big batch of potentially market-moving data is also due, including the Fed’s preferred measure of inflation, the latest U.S. economic growth report and the Conference Board’s consumer confidence survey.

The S&P 500 has leaped nearly 13 per cent in a little under a month, boosted most recently by strong corporate earnings reports that have helped propel markets to all-time highs.

Reporting this week are tech heavyweights Alphabet, Amazon, Meta, Microsoft. Coca-Cola, General Motors and Ford also issue their most recent quarterly results in the coming days.