Dow Jones Futures: U.S.-Iran Talks Begin With Hormuz Status Unclear; Nvidia, SpaceX Are Stocks To Watch
The U.S. and Iran signed a 14-point Memorandum of Understanding to extend their ceasefire and create a peace framework. This agreement reopened the Strait of Hormuz, driving oil prices below $80 and sparking a rally in stock futures. The market is also reacting to Federal Reserve hints of a possible rate hike in 2026.
What changed
A signed peace agreement and the reopening of the Strait of Hormuz have reversed previous futures losses.
Live updates
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US-Iran Ceasefire Boosts Stock Futures and Lowers Oil Prices
confidence 90%The U.S. and Iran signed a 14-point Memorandum of Understanding to extend their ceasefire and create a peace framework. This agreement reopened the Strait of Hormuz, driving oil prices below $80 and sparking a rally in stock futures. The market is also reacting to Federal Reserve hints of a possible rate hike in 2026.
What's confirmed:
- The U.S. and Iran signed a 14-point Memorandum of Understanding on Wednesday to extend a ceasefire.
- The Strait of Hormuz has reopened for business.
- Oil prices have fallen below $80.
- The Federal Reserve hinted at a possible rate hike in 2026.
Still unconfirmed:
- Intel is leading a chip stock rally.
- Gasoline prices have fallen below $4.
- Nvidia and SpaceX are stocks to watch.
- Micron earnings are looming.