Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRian Howlett · Front Page EditorUpdated Mon, June 15, 2026 at 1:23 AM GMT+2 1 min readUS stock futures surged Sunday evening as investors welcomed news of a breakthrough agreement to end the the US and Iran war ahead of a holiday-shortened trading week.Dow futures (YM=F) climbed more than 300 points, or 0.6%, while S&P 500 futures (ES=F) gained 0.8%. Nasdaq 100 futures (NQ=F) led the advance, jumping 1.3% as investors rotated back into growth and technology names.President Donald Trump announced on Truth Social late Sunday that a deal with Iran had been finalized, calling the agreement "complete." Pakistan Prime Minister Shehbaz Sharif said a formal signing ceremony is expected to take place Friday in Switzerland.Markets soared following the announcement, with Trump saying he had authorized the reopening of the Strait of Hormuz, a critical global oil shipping route. Iran is also due to received a serious of financial boons for following US agreements. Both nations are calling the deal a victory.The development sent crude prices tumbling with West Texas Intermediate (CL=F) crude futures falling nearly 5% to $81 barrel as concerns over potential supply disruptions eased. Brent (BZ=F) crude futures fell over 3% to sit just above $84.Wall Street enters the week with momentum following SpaceX's (SPCX) blockbuster public debut. Shares of SpaceX soared more than 19% in their first trading session, pushing the