New Delhi, July 27 -- US stock futures traded sharply higher on Monday, 27 July, as investor risk appetite improved after crude oil prices retreated from recent highs amid easing tensions between the US and Iran following weeks of escalating hostilities.

Dow Jones Industrial Average futures climbed 550 points, or 1.1%, while S&P 500 futures gained 1%. Nasdaq-100 futures outperformed, rising 1.7%. The rebound comes after all three major indices ended last week with steep losses, extending their decline for a second consecutive week.

After nearly two weeks of military strikes, the US has reportedly paused its attacks since late Friday without providing an explanation, raising questions over President Donald Trump's next move. Iran's milit...