US equity futures were mostly flat pre-bell Monday as traders evaluated the lack of solid progress on a peace deal in the Middle East.

Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.2% higher.

Iranian Foreign Minister Abbas Araqchi said that the nation would not restart direct talks with the US as long as it continues violating the June memorandum of understanding. Araqchi added that reopening the Strait of Hormuz would be partly conditional on the US paying for damage caused during the conflict between the two nations.

President Donald Trump said that the US is "only semi-negotiating" with Iran as the Middle Eastern nation undergoes an economic crisis due to sky-high inflation and has no money to pay its troops, according to an Axios report on Sunday.

Expected report their financial results this week are Cisco Systems (CSCO), Applied Materials (AMAT), and Brookfield (BN).

Oil prices were lower, with front-month global benchmark North Sea Brent crude up 1.6% at $84.85 per barrel and US West Texas Intermediate crude 1.7% higher at $79.49 per barrel.

The economic calendar is vacant.