Most major indices are moving lower, but have rebounded off of their morning lows as investors continue to watch developments on the Iran front (more below). Notably, small-caps in the Russell 2000 are bucking the trend and holding in the green.

Six sectors are moving higher, with Energy (XLE) out in front as oil prices rebound following a chaotic weekend of events that reignited US-Iran tensions. Consumer Discretionary (XLY) and Communication Services (XLC) are moving lower with their mega-cap components contributing to the decline. Communication Services (XLC) is seeing continued downward pressure from Netflix (NFLX), following their earnings last week.

On the Iran front, Trump indicated the ceasefire will end Wednesday evening, unlikely to be extended if no deal is reached.

This week there are several notable earnings which includes Tesla (TSLA) and Intel (INTC).