Monday’s S&P 500 index futures session chopped relentlessly in a tight range, offering little direction to traders.

Sunday night, bulls took control, possibly buoyed by optimism around Ukraine-Russia war talks, pushing to a high of 6484.25 before the mood soured with reports of Jerome Powell’s upcoming Jackson Hole address on Friday. Bulls found support near Thursday’s low, setting a premarket bottom at 6456. 

The regular session opened slightly in the red, marked by chop and whipsaw action as it unfolded. The premarket low held as support, with bulls briefly breaking into green multiple times, though the day mostly stayed red. A touch more buying as the close neared landed the session near the midpoint at 6469.25, down 2.25 handles. 

Tuesday is set to bring a few earnings in the morning and evening, primarily from retail issues. 

Among the top components, Tesla Inc (NASDAQ: TSLA) emerged as the biggest gainer, advancing $4.60, or 1.39%, to close at $335.16.

That outpaced the cash index’s 0.02% dip by over 1 percent.

On the other hand, Meta Platforms Inc (NASDAQ: META) tanked as the biggest loser, declining $17.86, or 2.27%, to close at $767.37.