US equity indices held modest gains on Monday, with S&P 500 up 0.2% to 6,598.70, Nasdaq +0.3% to 21,946.91, Dow +0.1% to 46,567.66.
Iran rejected a U.S.-Pakistan‑brokered cease‑fire proposal, insisting on a permanent end to the war and safe passage through the Strait of Hormuz.
Brent crude fell 0.1% to $108.74/barrel and WTI rose 0.1% to $111.60/barrel, keeping oil prices above pre‑war levels and pressuring inflation.
US March non‑farm payrolls added 178,000 jobs, far above expectations, while upcoming CPI data may gauge inflation impact of higher oil prices.