US Futures Jump on Iran Peace Breakthrough
2026-06-15 00:04
By
Jam Kaimo Samonte
1 min. read
US stock futures rallied on Monday after investors welcomed a breakthrough agreement to end the conflict between the US and Iran, paving the way for the reopening of the Strait of Hormuz.
The deal, which is set to be signed in Switzerland on June 19, reportedly includes the lifting of blockades, sanctions relief for Iran, and the dismantling of Tehran’s nuclear program.
Oil prices fell to a two-month low following the announcement, easing worries about rising inflation and the risk of interest rate hikes.
Dow and S&P 500 futures climbed more than 1%, while Nasdaq 100 futures advanced over 2%.
The major indexes are also coming off a strong week, with sentiment boosted by SpaceX’s record-breaking IPO on Friday.
The company finished the session with a market capitalization above $2 trillion after soaring more than 19%, highlighting robust investor appetite for high-profile growth stocks.