Dow Jones Futures: U.S.-Iran Talks Begin; Nvidia, SpaceX In Focus With Micron Earnings Ahead
Stock futures show conflicting movement as markets react to an interim US-Iran peace deal and possible Federal Reserve rate hikes in 2026. While some indices rally on optimism over the Strait of Hormuz reopening, other sectors face pressure from a cooling AI trade. Investors are also awaiting Micron earnings and PCE inflation data.
What changed
Markets are now weighing a signed 14-point Memorandum of Understanding between the US and Iran against hawkish Fed signals.
Live updates
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US Stock Futures Mixed Amid Iran Peace Talks and Fed Rate Hike Hints
confidence 80%Stock futures show conflicting movement as markets react to an interim US-Iran peace deal and possible Federal Reserve rate hikes in 2026. While some indices rally on optimism over the Strait of Hormuz reopening, other sectors face pressure from a cooling AI trade. Investors are also awaiting Micron earnings and PCE inflation data.
What's confirmed:
- The U.S. and Iran signed a 14-point Memorandum of Understanding on Wednesday to extend their ceasefire and create a peace agreement framework.
- The Federal Reserve suggested a possible rate hike in 2026.
- Negotiators agreed to create mechanisms to ensure peace in Lebanon and safe transit in the Strait of Hormuz.
- Micron earnings are expected.
Still unconfirmed:
- Gasoline prices have fallen below $4.
- Intel is leading a chip stock rally.
- SpaceX shares fell nearly 5%.
- Micron rose over 4%.