U.S. stock futures climbed 0.8‑1.1% as reports of a US‑Iran deal and reopening of the Strait of Hormuz lifted sentiment.
Oil prices fell below $90 per barrel after Iran opened the strait, easing a chokepoint for one‑fifth of global oil.
Netflix shares dropped 9.7% following weaker‑than‑expected revenue outlook and announcement that Chairman Reed Hastings will not seek board re‑election.
Analysts, including Pepperstone’s Michael Brown, said de‑escalation and AI enthusiasm should keep risk appetite high and equities on an upside trajectory.