09:02 AM EDT, 06/24/2025 (MT Newswires) -- US equity futures were up ahead of Tuesday's opening bell after President Donald Trump reiterated that the ceasefire between Iran and Israel "is in effect."

Dow Jones Industrial Average futures were up 0.6%, S&P 500 futures were 0.7% higher, and Nasdaq futures were up 1%.

"ISRAEL is not going to attack Iran," Trump said in a social media post early Tuesday. "All planes will turn around and head home."

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 4.1% at $67.60 per barrel and US West Texas Intermediate crude 4.1% lower at $65.69 per barrel.

The S&P Case-Shiller home price index is scheduled for release at 9 am ET.

Federal Reserve Chair Jerome Powell will present his semi-annual testimony to the House Financial Services Committee, starting at 10 am ET.

The consumer confidence index, due at 10 am ET, is seen coming in at 99.4 in June versus 98.0 in May, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 1.1% higher, Hong Kong's Hang Seng ended 2.1% higher, and China's Shanghai Composite finished 1.2% higher. Meanwhile, the UK's FTSE 100 was up 0.4%, and Germany's DAX index was up 1.8% in Europe's early afternoon session.

In equities, Nano Labs ( NA ) shares were 180% higher pre-bell after the company said it has secured a deal to sell $500 million convertible promissory notes to several investors.

On the losing side, shares of Indonesia Energy ( INDO ) , Houston American Energy ( HUSA ) , and Robin Energy ( RBNE ) were down 19%, 28%, and 23%, respectively, amid declining oil prices following Trump's ceasefire claim.