US Stock Futures Rise on Hopes of Iran Conflict De-escalation

US stock futures climbed on Monday as reports of a potential ceasefire between the United States and Iran helped ease market anxiety following weekend military exchanges in the Middle East.

S&P 500 futures (ES=F) gained 0.5%, Nasdaq 100 futures (NQ=F) rose 0.6%, and Dow Jones Industrial Average contracts (YM=F) added 0.3%.

Markets entered a holiday-shortened week on edge after the US launched airstrikes on Iranian military targets over the weekend, reigniting concerns over global energy security. The conflict escalated after Iran attacked vessels near the strategic Strait of Hormuz, prompting President Donald Trump to warn on Truth Social that the US may “militarily complete the job that we very successfully started. If that happens, the Islamic Republic of Iran will no longer exist!”

Oil prices climbed in early trading amid worries of supply disruptions. Brent crude (BZ=F) rose 0.8% to $72 a barrel, while US West Texas Intermediate (CL=F) gained 1.1% to $70.

The volatility followed a turbulent week for equities, with the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) falling 2% and 4.6%, respectively. Tech giants Nvidia (NVDA) and Alphabet (GOOG) each dropped over 8%, while Meta (META), Apple (AAPL), and Amazon (AMZN) slipped more than 4%. SpaceX shares plunged 17%.

The Dow Jones Industrial Average outperformed with a 0.6% weekly gain, buoyed by healthcare stocks. Merck (MRK) shares jumped 13%, and Johnson & Johnson (JNJ) rose 11.5%.

This week’s July 4 holiday shifts the June jobs report release to Thursday, rather than the usual Friday schedule.

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