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US Equity Indexes Rise as Iran, Israel Yield to Trump's Call to Halt Strikes

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US equity indexes rose, with technology and energy leading the gainers, as President Donald Trump's efforts to keep the Iran ceasefire intact produced some results.

The Nasdaq Composite jumped 1.4% to 26,062.2, with the S&P 500 up 0.8% to 7,440.9, and the Dow Jones Industrial Average higher by 0.2% to 50,972.5 in Monday's midday trading.

Israel and Iran must immediately stop "shooting," Trump said in a Truth Social post.

Israel accepted the US request to halt strikes on Iran but will continue attacks on southern Lebanon, sources told CNN. Iran has suspended its operations on Israel, but warned it would resume if strikes in southern Lebanon continue, the news report said Monday.

The Israel Defense Forces said that the Israeli Air Force hit military targets in western and central Iran, according to a post on X. Meanwhile, Iran's military reportedly said it targeted two Israeli air bases in retaliation.

West Texas Intermediate crude oil futures rose 0.9% to $91.33, and Brent crude futures climbed 1.4% to $94.35. Earlier in the session, crude oil futures were up more than 4% each amid reports of an overnight escalation between Iran and Israel.

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