U.S. stock futures traded mixed early Tuesday as investors monitored oil prices and Middle East diplomacy. Dow Jones futures rose 0.33% and S&P 500 futures edged up 0.05%, while Nasdaq futures slipped 0.02%, signaling a quieter start for tech stocks after Monday’s rally. The focus remains on President Donald Trump’s UN speech and a possible meeting with Iranian President Masoud Pezeshkian in New York.

Trump indicated he is in a "deciding mode" regarding potential military action, economic pressure, or an agreement, suggesting significant developments could emerge soon. Recent diplomatic hopes helped push crude prices lower, easing inflation concerns and supporting broader markets. Monday’s session saw the Dow gain 366.19 points, the Nasdaq hit a record high of 27,122.09, and the S&P 500 rise to 7,764.70, driven by falling Treasury yields, lower oil costs, and AI optimism.

Energy stocks lagged as West Texas Intermediate crude fell over 4.5% to $95.70 per barrel.