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Dow, Nasdaq and S&P stock futures point higher as uneasy Iran truce holds

Yahoo Finance
Dow, Nasdaq and S&P stock futures point higher as uneasy Iran truce holds

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US stock futures rose on Monday after reports that Washington and Tehran had agreed to halt the tit-for-tat attacks that broke out over the weekend, allowing peace talks to continue.

Nasdaq 100 futures climbed 1.2%, while S&P 500 futures added 0.8%, following sharp losses for both indices last week.

The proxy for the Dow Jones Industrial Average, less exposed to technology names, put on roughly 0.4%.

Markets had entered the holiday-shortened week on edge after the US launched strikes on Iranian military targets, escalating tensions in the Middle East and reviving concerns over global energy supplies.

Oil prices rose early on but pared their gains as investors weighed the risk of further disruption to crude supplies.

Original Headline

Dow, Nasdaq and S&P stock futures point higher as uneasy Iran truce holds