Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 20, 2026. <\/p>\n
Brendan McDermid | Reuters<\/p>\n
U.S. stock futures inched higher early Tuesday after the Nasdaq Composite<\/a> snapped a 13-day win streak during the regular session.<\/p>\n S&P 500 futures<\/a> and Nasdaq 100 futures<\/a> added 0.15% and 0.24%, respectively, by 4:10 a.m. ET. Futures tied to the Dow Jones Industrial Average<\/a> rose by 71 points, or 0.14%.<\/p>\n All three major averages ended Monday lower after tensions between the U.S. and Iran escalated over the weekend. The S&P 500<\/a> slipped 0.24%, while the Dow Jones Industrial Average<\/a> shed 4.87 points, or 0.01%. The Nasdaq Composite lost 0.26%, breaking its longest positive streak since 1992.<\/p>\n The moves came after President Donald Trump<\/a> said on Sunday said the U.S. had struck and seized<\/a> an Iranian-flagged cargo ship in the Gulf of Oman. This followed Iran saying it wouldn’t participate<\/a> in a new round of peace talks with the United States. The ceasefire between the U.S. and Iran is due to expire this week.<\/p>\n But despite this ramp-up in tensions and Monday’s losses, investors remain bullish<\/a> on the broader picture ahead for equities.<\/p>\n “We still think that the market is going to overshoot to the upside. We have our upside target of 7,300 by July, which is basically our year-end target,” Ohsung Kwon, chief equity strategist at Wells Fargo, said on CNBC’s “Closing Bell: Overtime<\/a>” on Monday afternoon. “I think the economy is going to be fine for the next three months.”<\/p>\n Kwon’s 7,300 price target for the S&P 500 would represent an upside of 3% from the index’s Monday close.<\/p>\n A slew of companies report earnings before Tuesday’s bell, including UnitedHealth<\/a>, Danaher<\/a>, GE Aerospace<\/a>, 3M<\/a>, Northrop Grumman<\/a>, Halliburton<\/a>, Quest Diagnostics<\/a>, RTX<\/a>, Tractor Supply<\/a> and Genuine Parts<\/a>. March’s retail sales data will be released as well on Tuesday morning.<\/p>\n