04:26 PM EDT, 04/06/2026 (MT Newswires) -- US equity indexes closed higher on Monday as crude oil prices held steady and investors monitored diplomatic activity surrounding the US war against Iran ahead of President Donald Trump's Tuesday deadline for Tehran to reopen the Strait of Hormuz.

* Trump said Iran could be "taken out in one night," which "might" be Tuesday, a deadline he set for Iran to reopen Hormuz, CNN reported.

* The Institute for Supply Management's US services index fell to 54.0 in March from 56.1 in February, compared with expectations for 54.9 in a Bloomberg survey.

* May West Texas Intermediate crude oil rose $0.63 to settle at $112.17 per barrel, while June Brent crude, the global benchmark, was last seen up $0.18 at $109.21.

* Wells Fargo boosted its price target for Applovin ( APP ) stock to $560 from $543 and maintained its overweight rating. Applovin ( APP ) shares rose 6.8%, the biggest gain on the S&P 500.

* Invesco ( IVZ ) shares fell 5.2%, the second-largest drop on the S&P, after Goldman Sachs lowered its price target on the stock to $27 from $30 and maintained a neutral rating.