U.S. stock futures jump on Iran deal to end the war; Japan’s Nikkei surges 5%: Live updates

Renault has agreed a partnership with French defense contractor Thales to produce a new armored vehicle, marking the latest collaboration effort between Europe’s auto and defense sectors.

The vehicle’s role includes reconnaissance, troop coordination and UAV deployment, Renault said, and will support maneuvers on “land forces missions in France and overseas.”

Last week, Mercedes-Benz announced a partnership with German startup Tytan Technologies to produce anti-drone vehicles, as the European car industry is increasingly turning to the booming defense sector to boost struggling sales.

Renault shares were last seen up 4%, rising in line with the broader autos index after the U.S. and Iran agreed a peace deal Sunday night, sending European stocks soaring on Monday.

— Joseph Wilkins

Japan’s Nikkei 225 surged to a record intraday high, ending the trading day 5% higher at 69,317.50, while South Korea’s Kospi jumped 5.2% to 8,545.98.

Hong Kong Hang Seng Index was up 0.56% as of its last hour of trading, while mainland’s CSI 300 rose 2.39% to 4,891.71. Australia’s benchmark S&P/ASX 200 rose 1.25% to 8,914. India’s Nifty 50 was last up 1.25%.

—Justina Lee

Peugeot cars are seen parked outside the Stellantis multinational car manufacturer’s plant in Poissy, west of Paris, on April 15, 2026.

Simon Wohlfahrt | Afp | Getty Images

Europe’s carmakers, airlines and defense companies all advanced on Monday, but the region’s oil majors retreated.

Shares in Renault were up 5.6% by 8:30 a.m. in London (3:30 a.m. E.T.), while Stellantis added 5.6%, with Ferrari up 4.5%. BMW gained 3.9%.

Travel stocks also gained, with German travel and tourism mainstay TUI rising 7.1% and Lufthansa adding 5.7%. Shares in low-cost carrier Ryanair gained 5.5%. International Consolidated Airlines Group, which owns British Airways, Aer Lingus and Iberia, gained more than 4%.

Among regional aerospace stocks, FACC gained 7.4%, as Rolls-Royce notched 5.4% in morning trade. Airbus rose 3.8%.

But energy stocks stumbled, as the tentative Middle East peace agreement dragged oil prices below $80 a barrel for the first time since the U.S.-Iran conflict began.

Var Energi plunged 7.3%, Totalenergies tumbled almost 5.8%, BP was last seen about 4.4% lower, and Shell slipped 4.3%.

— Hugh Leask

German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Dec. 30, 2025.

Staff | Reuters

The pan-European Stoxx 600 index was up 1.2% at the open on Monday, as markets rallied on news that the U.S. had reached a peace deal with Iran, which includes a toll-free reopening of the Strait of Hormuz.

France’s CAC 40 led the way in early dealmaking with a 1.9% gain, followed by Germany’s DAX, which was up 1.8%. The Italian FTSE MIB added 1.4%, as the U.K. FTSE 100 gained 0.8%, reflecting a drop in energy stocks.

Most regional sectors were also comfortably higher. Carmakers soared 3.7%, as construction companies spiked 3.2%, and travel and leisure stocks advanced 2.8%.

— Hugh Leask

Asian tech stocks surged Monday, as investors cheered Iran and the U.S. agreeing to a deal to end the Middle East conflict.

Japanese tech investor SoftBank was the best performer among major tech stocks in Asia, rising over 12%. Tokyo Electron and Advantest added 9.19% and 7.69% respectively.

Memory chip behemoths and heavyweights on South Korea’s Kospi Index, Samsung Electronics and SK Hynix gained 4.65% and 6.42%, respectively.

Taiwan Semiconductor Manufacturing Co, or TSMC rose 2.16%, while Hon Hai Precision, also known as Foxconn, added 2.5%.

—Justina Lee

Asia-Pacific markets traded higher early Monday, with South Korea’s Kospi leading the advance in the region, rising over 4% at open. The small-cap Kosdaq added 2.34%.

Japan’s Nikkei 225 added 3.51%, while the Topix rose 2.43%. Australia’s benchmark S&P/ASX 200 was up 1.49%.

—Justina Lee

Asia-Pacific markets were set to open broadly higher Monday, with an end to the Middle East conflict in sight as the U.S. and Iran have reached a peace deal.

Japan’s Nikkei 225 was poised to rise, with the Chicago futures contract at 68,355, compared with the index’s previous close of 66,020.40.

Futures for Australia’s S&P/ASX 200 last traded at 8,853, compared with index’s Friday close of 8,804.

Hong Kong Hang Seng index futures were at 24,706, lower than the index’s last close of 24,718.10

Both Iran and the U.S. have agreed to a deal, with both sides declaring immediate and permanent termination of military operations on all fronts, according to Pakistan’s Prime Minister Shehbaz Sharif on Sunday. The official signing ceremony will be on Friday, June 19, in Switzerland, he added. Pakistan has served as a mediator between the two countries.

In a Truth Social post, Trump said that “the Deal with the Islamic Republic of Iran is now complete,” to reopen the Strait of Hormuz without a toll system and the U.S. will also end the naval blockade of Iran. “Ships of the World, start your engines,” Trump said. Let the oil flow!”

—Justina Lee

Crypto traders trying to get ahead of the traditional stock market were pricing in more upside for SpaceX Sunday evening, following its highly successful public debut on Friday.

The SpaceX perpetual futures market on Hyperliquid saw a burst of activity around 5 p.m. ET, with the perp jumping from about $166 to above $180 before pulling back.

Because the contract trades with leverage, the move could also be amplified by a short squeeze, where traders who bet against the contract were forced to buy back positions as prices surged.

— Tanaya Macheel

SpaceX‘s IPO had the largest buy-in from retail investors in recent history, according to VandaTrack.

The firm told clients that individual investors bought around $118 million worth of shares in the rocket company on balance during the session. SpaceX accounted for more than half of all net buying for single stocks in the session, according to Vanda.

But Vanda said retail traders simultaneously dumped big year-to-date winners last week including Micron, Marvell and Robinhood. Across the board, last week saw the weakest net retail buying since March 2020, Vanda found.

In other words: “The SpaceX IPO was not a boat that lifted all tides for retail investors,” Vanda told clients.

SpaceX opened at $150 per share on Friday, marking a roughly 11% gain over its $135 IPO price. Shares surged more than 19% in the session, bringing its market cap above $2 trillion.

— Alex Harring

Oil prices tumbled Sunday after President Donald Trump said the U.S. has completed a deal with Iran to reopen the Strait of Hormuz.

U.S. crude oil futures were down 4.8% to $80.80 per barrel shortly after 6 p.m. ET. Brent futures, the international benchmark, traded 3.9% lower to $83.89 per barrel.

Brent, 1-day

President Donald Trump on Sunday announced the completion of a peace deal to end the war with Iran.

“The Deal with the Islamic Republic of Iran is now complete,” Trump wrote on social media. “Congratulations to all!”

“I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” Trump added.

“Ships of the World, start your engines,” Trump wrote. “Let the oil flow!”

— Alex Harring

Stock futures are rising Sunday night.

Dow futures added 0.6% shortly after 6 p.m. ET. S&P 500 and Nasdaq 100 futures jumped 0.7% and 0.8%, respectively.

— Alex Harring