Stock Market Today: S&P 500, Dow Jones Futures Gain As Trump Urges Allies To Help Reopen Strait Of Hormuz— Strategy, Urgent.ly, Adobe In Focus

benzinga_article
2026.03.16 08:55
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U.S. stock futures rose on Monday after a lower close on Friday, with major indices showing gains. President Trump urged allies to secure the Strait of Hormuz, warning of consequences for non-compliance. Urgent.ly surged 161.08% after being acquired by Agero, while Adobe settled a lawsuit for $150 million. Strategy Inc. rose 3.45% amid Bitcoin's stability. Analysts predict earnings for Getty Images and Semtech. Mohamed El-Erian warns of persistent inflation and economic slowdown, emphasizing the risks of systemic financial instability due to geopolitical tensions. Key economic data is expected this week.