Stock Market Today: Dow, S&P 500 Futures Rise Ahead Of Trump's 'Power Plant Day' Deadline

U.S. stocks rose on Tuesday, following Monday’s advances. Futures of the major benchmark indices were higher ahead of President Donald Trump‘s deadline to destroy Iran’s energy and civilian infrastructure if it failed to reopen the Strait of Hormuz. Meanwhile, Iran has submitted a 10-point response to the U.S. peace proposals, which a U.S. official described as "maximalist", citing the Iranian state news agency IRNA. Over the weekend, Trump had said in a Truth Social post that “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Strait, you crazy **, or you’ll be living in Hell – JUST WATCH!” Meanwhile, the 10-year Treasury bond yielded 4.33%, and the two-year bond was at 3.85%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting. The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Tuesday. The SPY was down 0.053% at $659.28, while the QQQ advanced 0.041% to $588.74.