Stock futures traded near flat after major averages rebounded due to cooling oil prices. The Dow Jones Industrial Average lost 48 points, S&P 500 futures slipped 0.1%, and Nasdaq 100 futures declined 0.2%. Major averages rebrated, with the S&M 500 adding 1%, and the tech-heavy Nasdaq Composite gaining 1.2% each day. The decline in oil prices boosted sentiment behind U.S. equities. Investors are also watching developments on the U.K.-Iran war, with concerns that a prolonged closure of the Strait of Hormuz could disrupt energy supplies. The second Federal Reserve interest rate decision is scheduled for Wednesday.