India, May 4 -- The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction in early trading.

Uncertainty about the situation in the Middle East may keep some traders on the sidelines after President Donald Trump said over the weekend that he would be reviewing a new peace proposal from Iran but said he "can't imagine that it would be acceptable."

"They have not yet paid a big enough price for what they have done to Humanity, and the World, over the last 47 years," Trump said of Iran in a post on Truth Social.

Trump said in a separate post that the U.S. would soon begin helping to "free" ships from countries not involved with the Middle East dispute that are strande...