Traders enactment astatine the New York Stock Exchange connected June 23, 2025.
NYSE
Stock futures roseate aboriginal Tuesday aft President Donald Trump said that a ceasefire betwixt Israel and Iran had travel into effect, marking the latest motion of easing tensions successful the Middle East.
Futures tied to the Dow Jones Industrial Average added 350 points, oregon 0.8%. S&P 500 futures gained 0.9%, portion Nasdaq 100 futures roseate 1.2%.
"THE CEASEFIRE IS NOW IN EFFECT. PLEASE DO NOT VIOLATE IT!" Trump said successful a station connected Truth Social astir 1 a.m. ET. That comes aft helium had announced the ceasefire hours earlier, which Israel confirmed.
Brent crude futures and West Texas Intermediate futures were down much than 3%, arsenic concerns implicit an lipid proviso disruption dissipated.
"With Israel/Iran seemingly defused, the marketplace is resuming its march to/through all-time highs," traders astatine JPMorgan wrote. "With this geopolitical hazard down us, the Market is refocusing connected the macro picture, preparing for earnings, and watching the looming deadline connected the expiration of the tariff moratorium."
To beryllium sure, the struggle is not afloat over. Israel has already accused Tehran of violating the ceasefire, portion Iran said it remains "with hands connected the trigger."
Tuesday's gains successful banal futures enactment the Street connected way to physique connected Monday's beardown advances. The large averages jumped aft Qatar's Defense Ministry said that its aerial defence had intercepted Iran's retaliatory strike connected a U.S. subject base.
Stocks besides caught a tailwind from falling lipid prices connected Monday. WTI futures reached their highest levels since January overnight, but settled down much than 7%.
On Tuesday morning, traders volition ticker Federal Reserve Chairman Jerome Powell arsenic he speaks earlier the House Financial Services Committee and presents the cardinal bank's monetary argumentation report. The cardinal slope main volition spell earlier the Senate Banking Committee connected Wednesday.
Powell's quality connected Capitol Hill comes astatine a pivotal time: He is facing an assertive push from the White House to chopped rates — and successful caller days two Fed officials person said they could spot a lawsuit for dialing backmost argumentation as aboriginal arsenic July.
—CNBC's Jeff Cox contributed reporting.
Energy was the lone assemblage to extremity Monday negative
The vigor assemblage fell 2.51% connected Monday, making it the lone 1 to extremity the league negative. Oil prices fell arsenic investors appeared to look past a retaliatory strike from Iran connected a U.S. subject basal successful Qatar.
All of the 10 different sectors roseate connected Monday, led by user discretionary, which added 1.75%.
The user discretionary, energy, materials and wellness attraction sectors each stay much than 10% disconnected their 52-week highs.
— Christopher Hayes, Lisa Kailai Han
Stock futures emergence aft Trump announces ceasefire timeline betwixt Israel and Iran
Stock futures took a limb higher aft President Donald Trump took to societal media to announce a ceasefire timeline helium said volition statesman astir midnight Tuesday and extremity the warfare betwixt Israel and Iran.
"It has been afloat agreed by and betwixt Israel and Iran that determination volition beryllium a Complete and Total CEASEFIRE (in astir 6 hours from now, erstwhile Israel and Iran person coiled down and completed their successful progress, last missions!), for 12 hours, astatine which constituent the War volition beryllium considered, ENDED!" the president wrote successful a Truth Social post. "On the presumption that everything works arsenic it should, which it will, I would similar to congratulate some Countries, Israel and Iran, connected having the Stamina, Courage, and Intelligence to end, what should beryllium called, 'THE 12 DAY WAR.'"
Representatives for Israel and Iran did not instantly look to corroborate the agreement.
Prior to Trump's announcement, banal futures had been trading astir the flatline.
— Kevin Breuninger, Lisa Kailai Han
Stocks making the biggest moves aft the bell: KB Home, Chewy
These are the stocks moving the astir successful extended-hours trading:
- KB Home — The homebuilding banal slipped 2% aft KB Home lowered its full-year lodging revenues guidance to the scope of betwixt $6.3 cardinal to $6.5 billion. Previously, the institution had predicted a scope of betwixt $6.6 cardinal to $7 billion. Shares fell contempt KB Home posting a second-quarter net and gross beat.
- Chewy — Shares fell 3% aft the favored nutrient and products retailer announced an underwritten nationalist offering of $1 cardinal of its Class A communal banal done JPMorgan. Concurrently, Chewy besides agreed to a $100 cardinal stock repurchase program.
— Lisa Kailai Han
Stock futures are small changed
Stock futures traded adjacent level Monday night.
Futures tied to each 3 large averages were trading astir the flatline soon aft 6 p.m. ET.
— Lisa Kailai Han
English (US) ·