U.S. equity futures increased on Monday after reports indicated that the United States and Iran have agreed to cease retaliatory attacks, reducing geopolitical instability and allowing peace negotiations to continue. Improved risk sentiment lifted major stock indices at the start of a week shortened by the upcoming U.S. holiday.
At 4:24 p.m. (Bangkok Time), the Dow Jones Industrial Average futures gained 185 points, equivalent to a 0.35% rise. S&P 500 futures were up 0.67%, while Nasdaq-100 futures led the advance, climbing 0.94%.
Equity markets had entered the week under pressure, following weekend airstrikes by the U.S. on Iranian military sites that intensified unrest in the Middle East and increased concerns about possible disruptions to global oil supplies.
The escalation followed U.S. official statements accusing Iran of mounting attacks near the Strait of Hormuz. President Donald Trump subsequently reiterated on social media that additional military measures remain on the table, warning that if necessary, the U.S. could escalate its response significantly.
Oil prices responded to the uncertainty, with Brent crude futures gaining 0.74% to trade at $72.52 per barrel on Monday, and U.S. West Texas Intermediate crude climbing 1.13% to $70.01.
Attention before the opening bell was also focused on technology stocks, especially after a turbulent previous week. Shares in Arm advanced 2.61% in premarket trading, with Marvell up 1.74%. Micron Technology rose 1.12%, while Intel gained 1.04%. SpaceX was positioned to open stronger after Nasdaq outlined plans to accelerate the company’s inclusion in the Nasdaq 100 index next month.
This week’s main economic highlight will be the June U.S. jobs report, which is scheduled for release on Thursday. The data is considered an important input for Federal Reserve policy deliberations. U.S. markets will be closed on the Independence Day holiday, which falls on Friday.
