HASSETT: TRUMP VIEWS INCREASED GAS PRICES AS TEMPORARY -CNBC INTERVIEW

- S&P 500 futures ticked higher on Monday following a winning week as oil prices fell slightly, with traders weighing the odds that the U.S.-Iran war could end soon. - Axios reported that the U.S., Iran, and a group of regional mediators were discussing terms for a potential 45-day ceasefire that could lead to a permanent end to the war - A White House official also told Axios that a 45-day ceasefire is “one of many ideas” currently under discussion. - Iran and the U.S. have received a plan to end hostilities that, if agreed, would result in an immediate ceasefire and the reopening of the Strait of Hormuz. The framework, which could come into effect on Monday, was put together by Pakistan, an unnamed source said - President Donald Trump is set to hold a news conference with the military at 1 p.m. ET. - Bitcoin briefly rose above $70,000 to start the week, a level not seen in almost two weeks, according to Coin Metrics. It was last trading higher by more than 3% at $69,595.42. - JPMorgan’s Dimon points to risks in geopolitics, AI and private markets in annual letter - Trump vows Iran will be ‘living in Hell’ if Strait of Hormuz is not open by Tuesday

TRUMP: EVERY POWER PLANT WILL BE OUT OF BUSINESS BY MIDNIGHT