Stocks moved higher on Monday as investors bet that the end to the Middle East conflict was near.
S&P 500 futures
were little changed on Monday night as President Donald Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz approached.
Futures tied to the broad market index were marginally lower. Nasdaq 100 futures
were down about 0.2%. Dow Jones Industrial Average futures
rose 48 points, or 0.1%.
Monday marked the third day of the conflict with Iran after joint U.S.-Israel military strikes killed Supreme Leader Ayatollah…
Stocks extended their rally on Thursday after President Donald Trump agreed to a two-week ceasefire with Iran.
The major averages staged a relief rally on Monday after President Trump said that the U.S. and Iran have had "productive" talks.
On Wednesday, the major averages rose on traders' hopes that there would soon be a resolution to the conflict in the Middle East.
Stocks finished Tuesday's session in the green, bringing the S&P 500 closer to its record.
The latest reading of the personal consumption expenditure price index, the Fed's favored inflation gauge, is due out at 8:30…
