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Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
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S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized.
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Democratic leaders accused Maureen Galindo of antisemitism and are trying to stop her from winning the party's primary in a contested U.S. House district.
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;Resize=(620)) Three activists whose Gaza-bound aid flotilla was intercepted in international waters by Israeli forces have returned home to Vancouver, with one of them saying they went through four days of continuous beatings and torture.
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Japan's Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
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President Trump is hailing is agreement with Iran as groundbreaking, even as he admits is "isn't even fully negotiated." But the nuclear stockpile, enrichment and missiles have not been discussed.
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Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down.
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;Resize=(620)) The potential deal will include Iran's commitment that it won't pursue a nuclear weapon, and Tehran agreed to give up its stockpile of highly enriched uranium, according to two regional officials.
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