Oil Prices Ease As Iran Holds Fire, Trump Pursues Deal; S&P 500 Futures Bounce

Oil prices pared gains early Monday after jumping amid strikes between Iran and Israel, after the latter targeted Hezbollah in Lebanon. S&P 500 futures gained ground as President Donald Trump's efforts to restrain both countries and keep ceasefire negotiations on track seem to be working. Iran's Islamic Revolutionary Guard Corps announced the end of military operations vs. Israel but warned of "harsher and more devastating strikes" if Lebanon attacks resume.