Stock Market Today: S&P 500, Dow Jones Futures Gain As Trump Urges Allies To Help Reopen Strait Of Hormuz

U.S. stock futures rose on Monday following Friday’s lower close. Futures of the major benchmark indices were higher.<br /><br />On Sunday, President Donald Trump urged nations reliant on the Strait of Hormuz to deploy military assets, specifically minesweepers, to secure the route, warning NATO allies of consequences for failing to assist.<br /><br />Simultaneously, Prime Minister Benjamin Netanyahu dismissed rumors of his death in a video on X, jokingly appearing at a café to reassure the Israeli public.<br /><br />Meanwhile, the 10-year Treasury bond yielded 4.26%, and the two-year bond was at 3.70%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.1% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.<br /><br />The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 0.40% at $664.91, while the QQQ advanced 0.44% to $596.36.