Trump called on both sides to exercise restraint, while the US and Israel agreed not to strike Iran, and Iran agreed to suspend military operations against Israel, but warned it would respond should Israeli attacks on Hezbollah in Lebanon continue.

Investors will also be focused on inflation data and the public debut of SpaceX on Friday.

U.S. stock futures mixed, oil prices surge as new attacks threaten the cease-fire with Iran

U.S. Stocks Rise as Nasdaq Turns Higher

Nasdaq Turns Higher After Friday Selloff

U.S. stocks largely rose Monday, with the Nasdaq and chipmakers leading the gains as investors sought bargains after Friday's selloff. Relief over Iran and Israel halting attacks…

Nasdaq Closes Higher After Friday Selloff