Stock Market Today: Dow Jones, S&P 500 Futures Rise As Trump Says Iran War May End 'Within Two Weeks'

U.S. stock futures rose on Wednesday following Tuesday’s sharp rebound. Futures of the major benchmark indices were higher.<br /><br />In the latest on the U.S.-Iran war, President Donald Trump said the U.S. could end its military campaign “within two or three weeks,” noting that Iran would not need to agree to any terms for the withdrawal to proceed.<br /><br />Additionally, Iranian President Masoud Pezeshkian stated that Iran is open to ending hostilities, but only if it receives formal security guarantees against future attacks.<br /><br />White House Press Secretary Karoline Leavitt said that Trump is scheduled to deliver a televised Address to the Nation on Wednesday at 9:00 p.m. ET to provide an important update on the situation with Iran.<br /><br />Meanwhile, the 10-year Treasury bond yielded 4.27%, and the two-year bond was at 3.76%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.<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 Wednesday. The SPY was up 0.62% at $654.39, while the QQQ advanced 0.93% to $582.55.