Dow Jones futures gain 0.18%, trading near 49,790 during the early European hours on Friday, ahead of the United States (US) regular opening.
Meanwhile, the S&P 500 rise 0.30% to near 7,390, and the Nasdaq 100 futures advance 0.48% above 28,820
US stock futures rise amid improving market sentiment driven by the de-escalation of renewed tensions in the Middle East. The US military’s Central Command (CENTCOM) stated that United States (US) forces intercepted on Thursday what it described as unprovoked Iranian attacks and carried out self-defense strikes while US Navy guided-missile destroyers were transiting the Strait of Hormuz toward the Gulf of Oman. CENTCOM added that it does not seek further escalation but remains prepared to defend US personnel and assets.
US President Donald Trump also said that the ceasefire between the US and Iran remains in effect. A senior US official told Fox News that the recent attacks should not be viewed as a restart of the war or as signaling the collapse of the existing ceasefire arrangement. During regular US trading on Thursday, the Dow Jones declined 0.63%, while the S&P 500 and Nasdaq 100 lost 0.38% and 0.13%, respectively.