S&P 500 futures lower after stocks pull back to start new week: Live updates

West Texas Intermediate oil futures advanced above $77 per barrel, also hurting the stock market. But energy names climbed alongside the commodity, making it the only sector of the 11 that comprise the S&P 500 to finish Monday in the green.

Stocks have been troubled over the last several days, creating a rocky start to the new trading month and quarter. Investors have grown increasingly fearful of escalating conflict in the Middle East after Iran launched a missile attack at Israel early last week.

But the market rallied on Friday after the blockbuster jobs report, propelling the three major indexes to notch their fourth straight positive weeks. The Dow also notched a new all-time closing high on Friday.

“Initially, the market rallied on that really good economic news,” said Larry Tentarelli, chief technical strategist of the Blue Chip Daily Trend Report, of the labor market data. “I think what you’ve got now is the market adjusting to higher bond yields.”

Investors will watch Tuesday for economic data on small businesses and the trade deficit. They’ll also monitor speaking engagements scheduled throughout the day for central bank leaders including Boston Federal Reserve President Susan Collins and Atlanta Fed President Raphael Bostic.