Tech Rally Rages On. Stock Futures Jump, Oil Slumps After Trump Calls Off Iran Attack.

Stocks looked set to extend a recent rally on Monday after President Donald Trump said he would call off an attack on Iran and restart talks to end the war in the Middle East, which sparked a drop in oil prices. Nasdaq 100 futures added 0.5%. The three major indexes all racked up gains on Friday, but July was still a rough month for the Nasdaq.