Headlines that the U.S. and Iran are making progress toward a peace deal has futures rallying ahead of Tuesday's open. Jenny Horne explains why the move is a sight for sore eyes as traders prepare for a holiday-shortened week on Wall Street. Pony AI's (PONY) earnings have investors pouring into the stock while Ferrari (RACE) shares hit the brakes after the company unveiled its Luce EV vehicle. Jenny sticks with the automobile sector with AutoZone's (AZO) beat.