India, June 20 -- With traders returning to their desks following the Juneteenth holiday on Thursday, stocks may move to the upside in early trading on Monday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent.
Stocks may see initial strength as traders keep a close eye on the ongoing conflict between Israel and Iran.
The White House said a final decision on whether to support the Israeli military action against Tehran could come within two weeks.
As the conflict entered the eighth day, Israel and Iran continued to fire missiles and drones at each other with full force.
Residents in southern Israel have been rocked by more Iranian missile strikes, while I...