Stock market today: Dow, S&P 500, Nasdaq futures soar after US and Iran agree peace deal

Article excerpt

Stock futures surged Monday morning after the United States and Iran announced a breakthrough peace agreement, easing tensions in the Middle East. The Dow, S&P 500, and Nasdaq all climbed in premarket trading as investors welcomed the diplomatic development. The deal, which emerged from negotiations over Iran's nuclear program and regional security concerns, reduced the risk of military conflict that had rattled markets for months. Analysts attributed the gains to improved sentiment about global stability and lower oil prices, which typically benefit consumer-focused companies and the broader economy.