Stock futures rise after report says Trump looking to end Iran war: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 30, 2026 in New York City.
Michael M. Santiago | Getty Images
Stock futures rose on Tuesday as after a new report offered investors hope that the U.S.-Iran war could soon come to an end.
Dow Jones Industrial Average futures gained 382 points, or 0.8%. Futures tied to the S&P 500 rose 0.8% along with Nasdaq 100 futures.
The Wall Street Journal reported that President Donald Trump had told aides he was willing to end military hostilities in the Middle East even if the Strait of Hormuz remained largely shut.
Tech, which has been under pressure since the conflict began, rose broadly in the premarket. The XLK ETF traded 0.8% higher. Nvidia climbed 0.8% as well, while Microsoft advanced 1.5%.
Still, crude prices remained higher after Bloomberg reported that Iran struck a Kuwaiti oil tanker in Dubai waters. The Dubai government’s media office said in a post on X that no injuries were reported and that “the safety of all 24 crew members has been secured.”
Brent crude futures were up 2.4% at $115.46 per barrel, and West Texas Intermediate futures advanced 1.5%.
Wall Street is coming off a mixed session. The S&P 500 and Nasdaq declined, while the Dow eked out a small gain.
The S&P 500’s Monday losses put it just over 9% off its closing high and were driven by declines in the technology sector, which slid more than 1%. But Art Hogan, chief market strategist at B. Riley Wealth Management, said that the recent pullback may reflect a typical market reset rather than anything out of the ordinary.
“There’s a couple of narratives going on, but I think long term investors should keep in mind that 10% corrections are normal. They happen all the time. On average, every two years we have a 10% correction,” he said to CNBC. “It’s also important for investors to understand that the volatility in equities is the price you pay for the higher longer-term returns.”
“We’ve had a smattering of positive days when there’s some whiffs of good news,” he added.
Tuesday marks the final day of the month. The S&P 500 is down 7.8% in March. If that decline holds, it would be the benchmark’s worst monthly performance since September 2022 — when it plunged 9.3%.
Correction: An earlier version said that the three major averages declined in Monday’s session. Only the S&P 500 and the Nasdaq Composite booked losses.
