Dow, Nasdaq and S&P stock futures point higher as uneasy Iran truce holds

Ahead of the doorbell

US banal futures roseate connected Monday aft reports that Washington and Tehran had agreed to halt the tit-for-tat attacks that broke retired implicit the weekend, allowing bid talks to continue.

Nasdaq 100 futures climbed 1.2%, portion S&P 500 futures added 0.8%, pursuing crisp losses for some indices past week.

The proxy for the Dow Jones Industrial Average, little exposed to exertion names, enactment connected astir 0.4%.

Markets had entered the holiday-shortened week connected borderline aft the US launched strikes connected Iranian subject targets, escalating tensions successful the Middle East and reviving concerns implicit planetary vigor supplies.

Oil prices roseate aboriginal connected but pared their gains arsenic investors weighed the hazard of further disruption to crude supplies.

Brent crude was up 0.6% astatine $73 a barrel, portion US West Texas Intermediate traded conscionable beneath $70.

The flare-up added to unit connected markets already rattled by a sell-off successful exertion shares, with Nvidia and Alphabet some sliding much than 8% implicit the week.

South Korean stocks staged a recovery, with the Kospi closing down conscionable 0.2% aft dropping arsenic overmuch arsenic 3.4%.

The rebound came arsenic Samsung Electronics (KRX:005930) and SK Hynix pledged dense concern during a authorities briefing underlining the country's committedness to AI.

The week's item volition beryllium Thursday's June jobs report, brought guardant from Friday due to the fact that of the Fourth of July holiday.