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Stock market today: Dow, S&P 500, Nasdaq futures soar after US and Iran agree peace deal


US stock futures surged on Monday as investors welcomed news of a breakthrough agreement to end the US-Iran war as they entered a holiday-shortened trading week.

Dow Jones Industrial Average futures (YM=F) climbed roughly 1%, while those on the S&P 500 (ES=F) advanced 1.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led the advance, jumping 1.9% on the heels of Friday’s solid gains for Wall Street stocks.

The US announced late Sunday that a ceasefire deal with Iran has been reached, with President Trump calling the agreement “complete” in a post to Truth Social, Prime Minister Shehbaz Sharif of deal broker Pakistan said a formal signing ceremony is expected on Friday in Switzerland.

Talks on a final peace deal will begin within 60 days, Tehran signaled, as questions remained as to the future of Iran’s nuclear program. The Middle Eastern country could get reconstruction funding, an unfreezing of assets, and an easing of oil sanctions in the package, experts said.

The blockaded Strait of Hormuz will reopen for mine removal following Friday’s signing of the interim pact, Trump said, marking a return to normality for the critical oil-shipping route. Oil prices tumbled over 5%, with global benchmark Brent crude futures (BZ=F) breaking below $83 a barrel. West Texas Intermediate (CL=F) futures fell sank to around $80 barrel as concerns over supply disruptions eased.

Wall Street enters the week with momentum following SpaceX’s (SPCX) blockbuster public debut. Shares of SpaceX soared more than 19% in their first trading session, pushing the company’s market value above $2 trillion. The stock added another 3% in after-hours trading, underscoring strong demand for high-profile growth stories.

Looking ahead, investors will focus on key economic reports, while also awaiting the Federal Reserve’s latest policy decision. According to CME FedWatch, markets are pricing in better than a 98% probability that policymakers leave interest rates unchanged.

LIVE 2 updates

  • Gold rises after US-Iran peace deal signed for 60-day ceasefire

    Bloomberg reports:

    Gold (GC=F) rose after the US and Iran announced an interim deal to end hostilities and reopen the Strait of Hormuz, easing global inflation fears and potentially tempering expectations for interest-rate hikes.

    Bullion jumped as much as 2.7% to above $4,330 an ounce after US President Donald Trump said on social media that “The Deal with the Islamic Republic of Iran is now complete.” Iran’s deputy foreign minister confirmed the agreement, which will be signed on Friday in Switzerland. The precious metal had fallen 2.5% last week.

    The US and Iran agreed not to attack each other and undertake a 60-day period of negotiations to dismantle Tehran’s nuclear program, while the Islamic Republic will also get relief from sanctions targeting its overseas oil sales.

    Read more here.

  • US, Iran agree to ceasefire, opening the Strait of Hormuz and removing the US naval blockage

    Yahoo Finance’s Brooke DiPalma and Jake Conley report:

    The US announced on Sunday that it reached a deal with Iran to end the fourth-month long war that has roiled the global market, calling for the re-opening of the Strait of Hormuz as soon as Friday. The news sent oil futures oil and stocks higher ahead of the week.

    “The Deal with the Islamic Republic of Iran is now complete,” President Trump wrote on Truth Social, “I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”

    Trump added in a later statement on social media that the Strait of Hormuz would reopen Friday, for demining purposes.

    Iranian deputy foreign minister Kazem Gharibabadi said Sunday on state TV that Iran had reached a peace deal with the US — including an end to all conflict fronts — and that negotiations for a final, lasting deal would begin within 60 days, per Reuters.

    Read more here.



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Tags :breakthrough agreementceasefire dealDow Jones Industrial AverageIranNASDAQPresident TrumpPrime Minister Shehbaz SharifUS stock futures
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