Trump criticizes Iran's response to the peace plan as "unacceptable" and the US stock market's upward trend stagnates.

On Monday, the overall direction of the US stock market was lacking clarity, but strong corporate earnings reports continued to drive Wall Street strategists to raise their S&P 500 targets. At the same time, the market is still assessing the uncertainty of the duration of the Iran war. The S&P 500 index opened largely flat. The strong performance of chip stocks continued to boost the benchmark index, with companies like Intel and Micron Technology standing out. The technology-heavy Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%. "The market still believes that a ceasefire agreement will be reached," said Tom Essaye, founder of the Sevens Report, attributing the lack of a larger sell-off in the stock market to President Trump's response calling Iran's proposal to end the war "totally unacceptable."