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

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Updated Sun, June 14, 2026 astatine 5:50 PM CDT 1 min read

US banal futures surged Sunday evening arsenic investors welcomed quality of a breakthrough statement to extremity the the US and Iran warfare up of a holiday-shortened trading week.

Dow futures (YM=F) climbed much than 300 points, oregon 0.6%, portion S&P 500 futures (ES=F) gained 0.8%. Nasdaq 100 futures (NQ=F) led the advance, jumping 1.3% arsenic investors rotated backmost into maturation and exertion names.

President Donald Trump announced connected Truth Social precocious Sunday that a woody with Iran had been finalized, calling the statement "complete." Pakistan Prime Minister Shehbaz Sharif said a ceremonial signing ceremonial is expected to instrumentality spot Friday successful Switzerland.

Markets soared pursuing the announcement, with Trump saying helium had authorized the reopening of the Strait of Hormuz, a captious planetary lipid shipping route. Iran is besides owed to received a superior of fiscal boons for pursuing US agreements. Both nations are calling the woody a victory.

The improvement sent crude prices tumbling with West Texas Intermediate (CL=F) crude futures falling astir 5% to $81 tube arsenic concerns implicit imaginable proviso disruptions eased. Brent (BZ=F) crude futures fell implicit 3% to beryllium conscionable supra $84.

Wall Street enters the week with momentum pursuing SpaceX's (SPCX) blockbuster nationalist debut. Shares of SpaceX soared much than 19% successful their archetypal trading session, pushing the company's marketplace worth supra $2 trillion. The banal added different 3% successful after-hours trading, underscoring beardown request for high-profile maturation stories.

Looking ahead, investors volition absorption connected cardinal economical reports, portion besides awaiting the Federal Reserve's latest argumentation decision. According to CME FedWatch, markets are pricing successful amended than a 98% probability that policymakers permission involvement rates unchanged.

LIVE 1 update

US, Iran hold to ceasefire, opening the Strait of Hormuz and removing the US naval blockage

Yahoo Finance’s Brooke DiPalma and Jake Conley report:

The US announced connected Sunday that it reached a woody with Iran to extremity the fourth-month agelong warfare that has roiled the planetary market, calling for the re-opening of the Strait of Hormuz arsenic soon arsenic Friday. The quality sent lipid futures lipid and stocks higher up of the week.
"The Deal with the Islamic Republic of Iran is present complete," President Trump wrote connected Truth Social, "I hereby afloat authorize the toll escaped opening of the Strait of Hormuz, and, simultaneously herewith, authorize the contiguous removal of the United States Naval blockade. Ships of the World, commencement your engines. Let the lipid flow!"

Trump added successful a aboriginal connection connected societal media that the Strait of Hormuz would reopen Friday, for demining purposes.
Iranian lawman overseas curate Kazem Gharibabadi said Sunday connected authorities TV that Iran had reached a bid woody with the US — including an extremity to each struggle fronts — and that negotiations for a final, lasting woody would statesman wrong 60 days, per Reuters.

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