US equities held modest gains Monday, with S&P 500 up 0.3% to 6,604.24, Nasdaq +0.5% to 21,977.42, Dow +0.35% to 46,619.24.
President Trump reiterated a Tuesday 8 pm ET deadline for Iran to reopen the Strait of Hormuz, threatening attacks on power plants if missed.
Iran rejected a cease‑fire proposal, presenting ten clauses including safe passage and sanctions lift, while oil prices rose 1.2% to $110.28 per barrel.
US March nonfarm payrolls added 178k jobs, far above the 60k forecast, and the CPI report is due Friday, adding inflation focus.