Stock futures: S&P 500 Futures +0.6% to 7,538.0 points, Nasdaq 100 Futures +0.9% to 29,808.75 points, Dow Jones Futures +0.6% to 50,966.0 points (as of 20:10 ET).
Oil prices: Brent Oil Futures slid more than 7% to near $96 per barrel; WTI Crude Futures dropped 6% in Asian trading to near $90 per barrel.
President Donald Trump stated that talks with Iran are "proceeding nicely" and referenced a memorandum of understanding that could eventually reopen the Strait of Hormuz, while noting there is "no rush" to finalize an agreement.
The United States conducted fresh defensive strikes in southern Iran against missile launch sites and mine‑laying boats; reports indicated the ceasefire had not ended.
Investors remain cautious due to unresolved issues such as sanctions relief and shipping restrictions, elevated Treasury yields, and uncertainty about the Federal Reserve’s interest‑rate trajectory.
Market participants will focus on upcoming U.S. inflation data, specifically the personal consumption expenditures (PCE) price index due Thursday, which is the Fed’s preferred inflation gauge.
