S&P 500 futures are near flat as traders monitor the ongoing conflict between the U.S. and Iran, with futures for the S&P500 slipping 0.1%, while Nasdaq 100 futures were off 0. 1%. The Dow Jones Industrial Average lost 35 points, or nearly 0.15%, marking a sharp reversal from their lows earlier in the session. Several defense and energy companies rallied on Monday, with Northrop Grumman and Palantir among the best performers. The surge in global crude oil prices was due to concerns that the conflict could disrupt oil infrastructure and raise fuel prices, adding inflationary risks. Key earnings from cybersecurity company CrowdStrike and retailer Target are due later this week.