U.S. equity futures climbed Wednesday, reflecting investor optimism amid ongoing discussions between Washington and Tehran. Recent market records and key corporate developments added to the positive sentiment, as traders awaited further updates on potential shifts in geopolitical risk.
At 4:23 p.m. (Bangkok Time), S&P 500 futures posted a 0.26% gain, while contracts linked to the Dow Jones Industrial Average traded 0.42% higher. Nasdaq 100 futures also rose 0.36%.
Tuesday’s session saw both the S&P 500 and Nasdaq Composite set new closing records, supported by hopes for sustained peace between the U.S. and Iran and continued enthusiasm around semiconductor stocks. Shares of Micron Technology led the advance, jumping 19% and bringing the company’s market capitalization above $1 trillion for the first time.
Investor sentiment was further buoyed by remarks from President Donald Trump, who indicated that negotiations with Iran were making progress. Although U.S. forces carried out what were described as “self-defense” strikes in southern Iran on Tuesday, Central Command spokesperson Tim Hawkins stated that US actions demonstrated restraint as a ceasefire remained in effect between the countries.
Despite these developments, the overall outcome of peace efforts remains uncertain. Secretary of State Marco Rubio noted that reaching a final agreement could still require several days. Meanwhile, traffic through the Strait of Hormuz continues to face significant restrictions.
Looking ahead, several major companies—including Bank of Montreal, Bath & Body Works, Capri, Dick’s Sporting Goods, Manchester United, and Abercrombie & Fitch—are set to release quarterly results prior to the market opening on Wednesday.
