The S&P 500 fell on Monday, weighed down by further gains in oil prices and a steep decline in tech, as traders looked past comments from Federal Reserve Chair Jerome Powell on inflation. The broad-based index dipped 0.

Iran reportedly did not request the pause and has yet to respond to a U.S. 15-point ceasefire proposal, keeping uncertainty elevated. ・Brent crude held above $107 and WTI above $93, with oil surging in March amid Strait of Hormuz disruption risks.