Stock Market Today: Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Gain as Trump Halts 'Massive Attack' on Iran

U.S. stock futures rose on Monday, as the Dow Jones, S&P 500, and Nasdaq 100 indices advanced, following Friday’s higher close. President Donald Trump called off a planned strike on Iran to resume negotiations. Over the weekend, Trump said negotiations with Iran would begin Monday after he halted what he described as a “massive attack.” Investors have a heavy slate of economic updates and quarterly earnings to watch this week. Key economic releases include July’s nonfarm payrolls employment report and ISM manufacturing and services PMI readings. On the corporate front, Wall Street’s focus will turn to Space Exploration Technologies Corp. (NASDAQ:SPCX) issuing its first-ever quarterly results as a public company on Tuesday, alongside key earnings reports from chipmaker Advanced Micro Devices Inc. (NASDAQ:AMD) and media powerhouse Walt Disney Co. (NYSE:DIS). Meanwhile, the 10-year Treasury bond yielded 4.69%, and the two-year bond was at 4.25%. The CME Group’s FedWatch tool’s projections show markets pricing a 64.5% likelihood of the Federal Reserve hiking the current interest rates during its September 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 Monday. The SPY was up 0.44% at $750.30, while the QQQ advanced by 0.13% to $688.88.