Baku (Commerce Desk): U.S. investors saw gains in stock futures on Wednesday following reports of a U.S. plan aimed at resolving the ongoing conflict in Iran. The move sparked cautious hopes of easing market tensions.
Futures linked to the S&P 500 and the Dow Jones Industrial Average rose by approximately 1.1%, while Nasdaq 100 futures gained 1.2%, signaling a rebound from previous losses on Wall Street.
Oil prices also saw notable declines, reflecting volatility amid the Iran situation. West Texas Intermediate fell to around $87 per barrel, while Brent Crude dropped below $95 per barrel.
