Dow Jones futures declined Sunday evening, with S&P 500 and Nasdaq futures also opening lower, as President Trump issued conflicting signals on Iran that pushed oil prices higher.

Trump rejected Iran's offer to reopen the Strait of Hormuz but signaled openness to further talks. Oil rose on the geopolitical uncertainty.

The previous trading session saw the Dow fall 419.02 points, or 0.79 percent, to 52,766.88. The S&P 500 dropped 0.71 percent to 7,631.47, and the Nasdaq Composite fell 1.03 percent to 26,099.77.

Micron Technology reports earnings this week. Semiconductor demand remains the key variable — watch for gross margin guidance and data center shipment trends as signals of AI capex momentum.

Tesla traded at $372.11, down 1.5 percent Sunday. Multiple company events are scheduled; monitor announcements for product updates and delivery forecasts.

SpaceX has a Starship launch lined up. Success validates the company's progress toward reusable heavy-lift capability, a long-term competitive moat.