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Stock Futures Surged as Technology Shares Advanced, and the U.S. and Iran Agreed to Halt Hostilities

Stock futures increased on Monday, with technology stocks showing a strong rebound after a difficult week.

Investors also considered the potential easing of tensions between the U.S. and Iran.

Dow Jones Industrial Average futures climbed by 240 points, or 0.5%. The S&P 500 futures moved up by 0.9%, and the Nasdaq-100 futures, which are more focused on technology, rose by 1.2%.

Market participants were paying close attention to U.S. tech stocks following recent significant swings across the sector.

Leading the gains in premarket trading, Arm rose by 1.9%, Marvell gained 1.6%, and Intel increased by 1.1%.

Source (CNBC)

SourceCNBC
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