U.S. Futures Rise 0.7% as Trump Announces Iran Peace Deal

Stock futures rose following President Donald Trump's announcement of a deal to end the conflict between the U.S. and Iran. Dow Jones futures gained 342 points, or 0.7%, while S&P 500 and Nasdaq 100 futures increased by 0.9% and 1.4% respectively. Additionally, U.S. crude oil prices fell nearly 5% after the announcement regarding the reopening of the Strait of Hormuz. Investors will also monitor upcoming economic data and the Federal Reserve policy meeting set for this week.