<ul>
<li>Futures: Dow down 0.09%, S&amp;P 500 flat, Nasdaq up 0.15%</li>
<li>Trump cancels US envoys’ trip to Pakistan</li>
<li>Qualcomm climbs 11%</li>
</ul>
(Updates prices throughout)
By Niket Nishant and Utkarsh Hathi
April 27 (Reuters) - Wall Street futures were muted on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from the Federal Reserve meeting this week.
U.S. President Donald Trump canceled a visit by two U.S. envoys to Pakistan, dealing a ‌new blow to peace prospects. With an agreement to end the war still out of reach, investors have drawn reassurance from solid earnings so far.
Of the 139 companies in the S&amp;P 500 that reported results as of Friday, 81.3% surpassed earnings expectations, compared with the prior four-quarter average of 78.1%, according to data from LSEG.
However, some analysts have questioned how dependable the results are as a guide to future performance, since they reflect only one month of disruption linked to the Middle East war.
At 6:46 a.m. ET, Dow E-minis (YMcv1) were down 42 points, or 0.09%, S&amp;P 500 E-minis (EScv1) were flat and Nasdaq 100 E-minis (NQcv1) were up 41.75 points, or 0.15%.
“We are suffering from a distinct lack of clarity at the moment. There is also a growing divergence among financial market participants,” said Richard de Chazal, macro analyst at William Blair.
“Equity market investors seem to have moved on from the war and are back on the AI technology trade. Meanwhile, commentary from participants in the commodity markets continues to signal that the shock is being completely underestimated.”
Brent crude futures (LCOc1) were trading 1.5% higher on Monday, and are hovering 49% above pre-war levels.
Investors will also hear from Federal Reserve policymakers, who will gather in Washington this week in what may be Jerome Powell’s last meeting as head of the U.S. central bank.
A Reuters poll of economists last week showed that the Fed is expected to wait at least six months before cutting interest rates this year.
In the premarket session, Qualcomm (QCOM.O) was up 11.2%, while Intel (INTC.O) rose 2.9% after jumping 23.6% in the previous session.
Domino’s Pizza (DPZ.O) slipped 4% after the pizza chain missed first-quarter sales estimates.

QCOM

- Wall Street futures showed mixed results with the Dow slightly down and Nasdaq up, as investors awaited earnings reports and Federal Reserve commentary amid stalled U.S.-Iran peace talks.  
- President Trump’s cancellation of a U.S. envoy trip to Pakistan has further complicated peace discussions, although 81.3% of S&P 500 companies reporting earnings exceeded expectations.  
- Qualcomm shares rose by 11%, while concerns linger about future market performance given recent disruptions related to the Middle East war and rising commodity prices.

US STOCKS-US stock index futures muted on stalled US-Iran peace talks