Stock Futures Rise as Trump Confirms Iran-Israel Ceasefire Takes Effect

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2025-06-24 09:28:02

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U.S. stock futures climbed in early trading after former President Donald TRUMP announced the implementation of a ceasefire between Iran and Israel. Nasdaq 100, Dow Jones, and S&P 500 futures rose 1.05%, 0.62%, and 0.77%, respectively, as geopolitical tensions eased.

Markets rebounded from Monday's session, with the S&P 500 gaining 0.96%, the Nasdaq Composite up 0.94%, and the Dow Jones adding nearly 375 points. KB Home and Chewy saw after-hours declines on weak guidance and a $1 billion equity offering, respectively.

Investors now await Federal Reserve Chair Jerome Powell's testimony before Congress and June home price data for further market direction.

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