Stock market today: Dow, S&P 500, Nasdaq futures jump amid reports US sent ceasefire plan to Iran
Why it matters: Cease‑fire hopes lift risk assets and cut oil, reshaping short‑term investment bets across commodities and tech.
- U.S. government reportedly delivered a 15‑point cease‑fire proposal to Iran via Pakistan, signaling a diplomatic push to curb the conflict (AP).
- Oil markets reacted sharply, with WTI falling to ~ $87 a Brent below $95, as investors priced in reduced geopolitical risk (Bloomberg).
- Mining stocks such as Newmont, SSR Mining and Freeport‑McMoRan jumped ~5% on the back of rising gold futures and hopes for a war de‑escalation (premarket data).
- Arm surged >13% after unveiling its first AI‑focused data‑center chip, highlighting a separate tech‑driven rally amid broader market optimism (Yahoo Finance).
- SpaceX is poised to file for an IPO this week, potentially raising up to $75 billion and marking the largest offering on record (The Information).
- DigitalOcean fell 7% after announcing a $700 million share offering to fund infrastructure and debt, showing that not all tech stocks rode the risk‑on wave (premarket).
U.S. stock futures rallied after reports that Washington has slipped Iran a 15‑point cease‑fire plan, sparking optimism that the Middle‑East war may de‑escalate. The news lifted risk assets—gold and mining stocks surged—while oil tumbled over 5%, and tech‑heavy Nasdaq futures outperformed the broader market.
