Wall St futures rose modestly, with S&P 500 Futures up 0.2% to 7,217 and Nasdaq 100 Futures up 0.2% to 27,487.75.
President Donald Trump highlighted Iran’s proposal to reopen the Strait of Hormuz, deferring nuclear talks, easing geopolitical tension.
Oil prices stayed near multi‑week highs, fueling inflation worries and limiting risk appetite despite strong tech and AI‑driven equity momentum.
Upcoming earnings from major tech firms and a Fed meeting, with rates expected unchanged, keep market focus on results and monetary cues.