FX.co ★ US Futures Rise on Trump Ceasefire Talks

US stock futures saw an uptick on Tuesday following President Donald Trump's announcement of a ceasefire timeline between Israel and Iran, a conflict he termed "The 12-Day War." This development helped to ease investor concerns after a weekend marked by heightened tensions, during which the US targeted Iranian nuclear sites, aligning itself with Israel in its dispute with Tehran. Iran's subsequent response—a measured strike on a US base in Qatar—resulted in no casualties, aiding in the reversal of earlier surges in oil prices and exerting pressure on energy stocks. In Monday's standard trading session, the Dow increased by 0.89%, the S&P 500 improved by 0.96%, and the Nasdaq climbed 0.94%, bolstered by reduced geopolitical anxiety and positive corporate news. Tesla surged 8.2% following the launch of its inaugural fleet of driverless taxis, while AMD rose 1% after receiving a favorable research upgrade, boosting the broader tech sector. Investors are now focused on Federal Reserve Chair Jerome Powell’s upcoming testimony before Congress on Tuesday and Wednesday, seeking further insight into future interest rate trends.