US stock futures rose, with S&P 500 up 0.3% and Nasdaq 100 up 0.6% after reports of a US‑Iran ceasefire proposal.
Mediators led by Pakistan seek an immediate ceasefire and 15‑20‑day talks toward a broader settlement, with a 45‑day ceasefire also discussed.
Oil prices remained above pre‑war levels, Brent $108.45 and WTI $110.46, sustaining inflation pressure and prompting expectations of higher rates.
President Donald Trump warned of strikes on Iranian power plants if Tehran does not reopen the Strait of Hormuz, adding geopolitical risk.