Crude oil prices plunged after Iranian media reported that the U.S. and Iran are seeking more diplomatic options. Kevin Hincks takes investors through the ripple effects the headline has made, from Treasury yields to equities. Looking ahead, Kevin points to the high earnings bar for Apple (AAPL) and Palantir (PLTR) as valuations come head-to-head with AI growth. Tuesday's midterm elections will also be watched by Wall Street as control for the U.S. Senate remains up in the air even as Democrats appear favorable to win the House. Kevin also discusses premarket movers with Marvell (MRVL) acquiring Lumentum (LITE) and reports of SpaceX (SPCX) buying Boost Mobile.