Stock Market Today: S&P 500, Dow Futures Gain As Trump Announces Deal With Iran—SpaceX, Tower Semiconduct

U.S. stock futures advanced on Monday, as the Nasdaq 100, S&P 500, and the Dow Jones indices rose, following Friday’s higher close.In this truncated trading week with markets closed on Friday, investors will eye the Federal Reserve’s decision on interest rates with the new chairman, Kevin Warsh, on Wednesday.Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool‘s projections show markets pricing a 97.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.IndexPerformance (+/-)Dow Jones0.89%S&P 5001.25%Nasdaq 1002.11%Russell 20001.64%Stocks In FocusSpace Exploration Technologies CorpTaiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) rose 3.77% as it reported a 1.5% increase in the month-on-month consolidated net revenue for May 2026, and 30.1% year-over-year gain as compared to May 2025.

Benzinga’s Edge Stock Rankings indicate that TSM maintains a strong price trend in the long, medium, and short terms, with a solid quality score.

Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ:TSEM) rose by 5.01% as it signed a multi-year InP supply deal with IQE.