U.S. equity futures rose and crude prices fell after Trump indicated a potential nuclear agreement with Iran within days.
U.S. stock futures climbed Tuesday as President Donald Trump suggested a nuclear deal with Iran could be finalized soon, easing geopolitical tensions. Nasdaq 100 futures led gains at 0.67%, followed by the S&P 500 at 0.39% and the Dow at 0.19%. The move followed Monday’s session, where the S&P 500 and Nasdaq Composite rose 0.3% and 0.86%, while the Dow declined 0.16%.
WTI crude dropped nearly 2% to below $90 a barrel, and Brent hovered above $92 after Trump’s remarks. The pullback followed Iran’s temporary halt to strikes against Israel, though both sides warned hostilities could resume. Semiconductor stocks drove early gains, with Micron and Qualcomm rebounding after steep losses in prior sessions.