Stock Futures Rally as Trump Announces Israel-Iran Ceasefire Timeline
U.S. stock futures climbed following President Donald Trump's announcement of a ceasefire timeline between Israel and Iran. Nasdaq 100 (NDX), Dow Jones Industrial Average (DJIA), and S&P 500 (SPX) futures ROSE 0.72%, 0.42%, and 0.51%, respectively, signaling renewed market optimism.
Major indexes rebounded from earlier geopolitical tensions, with the S&P 500 gaining 0.96%, the Nasdaq Composite up 0.94%, and the Dow Jones surging nearly 375 points. The rally came despite initial volatility after Iran struck a U.S. base in Qatar in retaliation for American attacks on its nuclear facilities.
Oil prices retreated sharply after an overnight spike, with U.S. crude futures falling 3.49% to $66.12 per barrel. The market's risk-on shift underscores how geopolitical developments continue to drive short-term capital flows across asset classes.