The S&P 500 index futures took off some of the week’s gains as news of war tensions circulated over the weekend, as has been the recent trend, but Monday’s session ended as only a modest decline after the dust settled.

Overnight, bulls were holding a modest uplift, hitting a high of 7279.75, until reports of missiles hitting a US warship sent traders into a panic. A roughly 50-handle swoon took the index futures into the red, but bulls were quick to buy the dip and soon tested resistance at unchanged.

The regular session began without much fanfare as bulls slowly made their way toward the overnight high. Bids gave way before reaching that area and sellers piled on as reports out of the UAE about more Iran missiles directed at the country seemed to give bears additional fuel. Support finally held near a psychological level, hitting a low of 7199.50.

Buy-the-dippers provided a modest lift and defended support at the premarket low, but bulls were unable to push back into the green for the rest of the fairly muted afternoon. The session concluded below the day’s midpoint at 7230.25, losing 27.75 handles.

Tomorrow, market participants can look forward to March’s US Trade Balance, some other macro data later in the morning, along with loads of earnings reports in the morning and evening.

Among the top components of the index, Amazon.com Inc (NASDAQ: AMZN) emerged as the biggest gainer. The e-commerce giant was able to advance by $3.79 or 1.41 percent to close at $272.05 for the day.

That performance was over one percent better than the cash index’s decline of 0.37 percent.

Flipping its role from Friday, the biggest loser ended up being Apple Inc (NASDAQ: AAPL). For the day, the tech giant declined by $3.31 or 1.18 percent to close at $276.83.