US equity futures rise after military strikes halt, while Brent crude falls 5% and gold climbs $35 to $4088.
S&P 500 futures opened 60 points higher before paring gains to 50 points, as a pause in US-Iran tensions eased geopolitical risks. Nasdaq futures led the advance, up 1.4%, while rate-sensitive sectors showed early strength.
Brent crude dropped 5% and WTI fell 4% in early trading, reversing last week’s gains. Gold extended its rally, rising $35 to $4088, as investors sought safe-haven assets. The FX market had signaled this shift ahead of the open.
Earnings season resumes this week, with major companies set to report, adding to market focus. Traders remain cautious, awaiting further updates on US-Iran negotiations.