The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside following the rebound seen in the previous session.

Israeli stocks broke new records Tuesday while US markets dropped, as the war between Israel and Iran kept escalating for a fifth straight day after President Donald Trump seemingly sided with Israel.

Stocks were already beginning to look past the latest comments from President Donald Trump that urged residents of Tehran to evacuate. The Dow Jones Industrial Average was down 77 points, or 0.2%, paring its opening losses.

President Trump's trade policies keep grabbing the spotlight, along with the Israel-Iran conflict. Follow along for the latest updates on markets, including the Dow industrials, S&P 500 and Nasdaq Composite.

U.S. stocks are falling following signals that one of the economy’s main engines, spending by households, is weakening while Israel’s conflict with Iran may be worsening.

The S&P 500 was 0.4% lower in late trading and on track for its first drop in four days. The Dow Jones Industrial Average was down 45 points, or 0.1%, with roughly an hour remaining in trading, and the Nasdaq composite was 0.6% lower.

The S&P 500 climbed 0.9% to reclaim most of its drop from Friday. The Dow Jones Industrial Average rose 317 points, or 0.8%, and the Nasdaq composite gained 1.5%. They joined a worldwide climb for stock prices, stretching from Asia to Europe.

Oracle pushed upward on the market after jumping 13.3%. The tech giant delivered stronger profit and revenue for the latest quarter than analysts expected, and CEO Safra Catz said it expects revenue growth “will be dramatically higher” in its upcoming fiscal year.

Stocks moved sharply higher Monday morning, recovering from steep losses the previous session, as investors keep close tans on the latest developments in the ongoing conflict between Israel and Iran.