Stock futures are little changed after Dow posts new record close on potential U.S.-Iran peace deal: Live updates

CNBC Top News ·

Stock futures are little changed after Dow posts new record close on potential U.S.-Iran peace deal: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images Stock futures were little changed on Monday night after the Dow Jones Industrial Average …

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images Stock futures were little changed on Monday night after the Dow Jones Industrial Average climbed to a fresh record during the regular session thanks to a potential peace deal between the U.S. and Iran. S&P 500 futures and Nasdaq 100 futures were trading slightly below the flatline. Futures tied to the Dow were marginally higher. During the day's regular session, the blue-chip Dow gained 468.77 points, or 0.92%, to rise to a new record close. The index also reached a new all-time intraday high. The S&P 500 jumped 1.65%, while the tech-heavy Nasdaq Composite climbed 3.07%. The moves came after President Donald Trump announced that the U.S. and Iran had reached a deal to end the war in the Middle East. Pakistani Prime Minister Shehbaz Sharif said that both sides have declared the termination of their military operations on all fronts, with an official signing ceremony to take place this Friday in Switzerland. A senior Trump administration official told CNBC's Megan Cassella that the memorandum of understanding was already signed electronically on Sunday. The president also said that the key Strait of Hormuz passageway would reopen on Friday, sending oil prices down nearly 5% on Monday. …

Original source: CNBC Top News

Mentioned

Pakistan · Squawk Box · Switzerland · Middle East · Donald Trump · New York City · Shehbaz Sharif · Nasdaq Composite · New York Stock Exchange