Stock index futures advanced: S&P 500 Futures +0.2% to 7,611.0, Nasdaq 100 Futures +0.5% to 30,541.0, Dow Jones Futures +0.1% to 51,128.0 as of 20:30 ET.
President Donald Trump indicated he is close to a final decision on a US‑Iran peace agreement, reinforcing market optimism.
Iranian Foreign Minister Abbas Araqchi confirmed ongoing message exchanges with the United States, suggesting continued diplomatic dialogue.
Recent reports noted a framework to extend the cease‑fire by 60 days, pending Trump’s approval, with expectations of reopening the Strait of Hormuz.
April Personal Consumption Expenditures (PCE) price index showed a slight softening, implying limited inflationary pressure from high energy prices linked to the Iran conflict.
First‑quarter GDP growth was revised lower, citing war‑related headwinds in March.
Market participants are awaiting May non‑farm payrolls, due Friday, for further guidance on US economic strength and interest‑rate trajectory.
