Stock Market Today: S&P 500 Futures Fall, Dow Gains Amid US-Iran Agreement, SPCX Stock Surge—Dave And Buster's, Western Digital In Focus

U.S. stock futures were mixed on Tuesday, as the S&P 500 fell, while the Nasdaq 100 and Dow Jones advanced, following Monday’s rally. On Monday, President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending months of conflict, though its final terms and long-term viability remain unresolved. The deal extends April’s fragile ceasefire and is expected to reopen the Strait of Hormuz, a critical global oil shipping route. However, both nations stressed that a permanent peace accord has not yet been negotiated. Iranian President Masoud Pezeshkian called the memorandum an "important step" but noted a lasting truce "has yet to take shape." Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.04%. The CME Group's FedWatch tool ‘s projections show markets pricing a 98.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.08% S&P 500 -0.03% Nasdaq 100 0.08% Russell 2000 0.20% 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 mixed in premarket on Tuesday. The SPY was down 0.10% at $754.04, while the QQQ advanced by 0.040% to $744.30. data-variant="card" data-news-mode="manual" > Read Also: Ed Yardeni Says He Hasn't 'Been Bullish Enough,' Predicts S&P 500 Will Hit 10,000 By 2029 Stocks In Focus SpaceX Space Exploration Technologies Corp. (NASDAQ: SPCX ) jumped 8.42% in premarket on Tuesday ahead of its third trading day. Its market capitalization was nearing $3 trillion, surpassing the valuation of Amazon.com Inc. (NASDAQ: AMZN ) . Dave And Buster's Entertainment Dave and Buster's Entertainment Inc. (NASDAQ: PLAY ) dropped 11.44% as it reported downbeat earnings for the first quar