
September S&P 500 E-Mini futures (ESU25) are up +0.67%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.89% this morning as sentiment got a boost after U.S. President Donald Trump announced a ceasefire between Israel and Iran.
President Trump announced late on Monday that Israel and Iran had agreed to a ceasefire that could pave the way to ending the war. Hours later, Mr. Trump confirmed that the ceasefire was now in effect and called on both nations to honor the agreement. “PLEASE DO NOT VIOLATE IT!” he said in a social media post at 1:08 a.m. ET. Trump’s statement was soon followed by a confirmation from Israeli Prime Minister Benjamin Netanyahu that his country had agreed to a truce. Iranian Foreign Minister Abbas Araghchi said in an earlier post that his country would cease fire as long as Israel did.