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Stock Market Today: S&P 500, Dow Jones Futures Rise as US-Iran Halt Retaliatory Strikes-Microchip Technol

News Snapshot:

U.S. stock futures were rising on Monday, as the Dow Jones, S&P 500 and Nasdaq 100 indices advanced, following Friday’s mixed close.Over the weekend, the U.S. suspended its 13-night airstrike campaign against Iran to allow for diplomacy and assess munitions stocks. In response, a senior Iranian official confirmed Tehran would also halt retaliatory strikes as long as the U.S. pause continues. Meanwhile, the 10-year Treasury bond yielded 4.64%, and the two-year bond was at 4.30%. The CME Group’s FedWatch tool’s projections show markets pricing a 68.5% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.IndexPerformance…

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