US Equity Futures Jump Following US-Iran Strait of Hormuz Deal
US equity-index futures experienced a notable rise after the United States and Iran reportedly reached an interim agreement to reopen the Strait of Hormuz. Contracts on the S&P 500 Index climbed 1.3% as of 7:45 a.m. in New York, indicating a positive premarket sentiment.

US equity-index futures saw a significant increase on Monday morning. This jump followed reports of an interim deal between the United States and Iran concerning the reopening of the Strait of Hormuz.
Contracts tied to the S&P 500 Index demonstrated this upward trend, rising by 1.3%. This movement was observed at 7:45 a.m. New York time.
According to Bloomberg Markets, the interim deal between the two nations served as the catalyst for the positive shift in premarket trading.

