LIVE: Markets surge to begin the week as Israel prepares to strike Iran

U.S. stock futures rise: S&P 500 futures gain 0.25%, Dow futures add 155 points, and Nasdaq-100 futures climb 0.29%. Central banks take center stage: The Fed announces its rate decision Wednesday, followed by the ECB Thursday and Bank of Japan Friday. Asian markets trade mixed: Hong Kong’s Hang Seng and Japan’s Topix advance, while the Nikkei, Kospi, Kosdaq and CSI 300 decline. Oil retreats as Iran tensions grow: Brent falls to $114.52 and WTI to $101.03 after fears of possible strikes helped fuel Friday’s Wall Street sell-off and a second straight weekly loss for the S&P 500 and Nasdaq.

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