US stock indices mostly rebounded after last Friday’s sell-off, while Iran and Israel said they would halt strikes – Newsquawk Daily Asia-Pac Market Open

US stock indices were predominantly firmer on Monday, with the Nasdaq recovering some of the sharp losses seen in the latter half of last week, while the S&P 500 posted modest gains. The Dow closed little changed and the Russell 2000 also finished in positive territory. Market breadth was weak, however, with Technology accounting for most of the upside while the majority of sectors closed lower, in which Utilities and Real Estate led the declines after outperforming during last week’s risk-off trade. Crude prices settled higher following a fresh exchange of strikes between Israel and Iran over the weekend. The…