New Delhi, Aug. 3 -- US stock futures traded higher on Monday, 3 August, as investor risk appetite improved after US President Donald Trump called off a planned military strike on Iran, triggering a sharp decline in crude oil prices and easing concerns over a broader conflict in the Middle East.

Futures tied to the Dow Jones Industrial Average rose 413 points, or 0.8%, while S&P 500 futures gained 0.6% and Nasdaq-100 futures advanced 0.4%. Monday also marks the first trading session of August, with Wall Street looking to stabilise after a volatile July.

Trump said late on Saturday that he had suspended planned military strikes against Iran pending renewed diplomatic talks aimed at ending the conflict and restoring cargo traffic through ...