Stock Market Today: S&P 500 Futures Fall, Dow Gains Amid US-Iran Agreement, SPCX Stock Surge—Dave And Buster's, Western Digital In Focus

U.S. stock futures traded mixed Tuesday morning after a preliminary U.S.-Iran agreement. Dow Jones futures and Nasdaq 100 futures climbed while S&P 500 futures dipped.

Dave & Buster's Entertainment (PLAY) plunged 11.44% following disappointing earnings results that failed to meet Wall Street expectations. The entertainment venue operator's quarterly performance highlighted ongoing consumer spending pressures in the discretionary sector.

Western Digital (WDC) jumped 4.97% after receiving an analyst upgrade, signaling renewed confidence in the data storage company's turnaround prospects. The upgrade comes as semiconductor stocks regain momentum.

SpaceX's valuation surged toward $3 trillion in private markets, marking a significant milestone for Elon Musk's space venture and adding fuel to the private-to-public arbitrage trade thesis. Paranovus Entertainment spiked 30.07% on announcing a direct offering, though the dilution inherent in such moves typically weighs on shares longer-term.