Stock Futures Gain as Investors Take Mideast Tensions in Stride

Dow Jones17:49

Investors' wartime jitters are subsiding.

Oil prices are retreating this morning and stock indexes around the world are mostly higher. In the U.S., futures contracts tied to the Nasdaq-100 are leading gains. Treasury yields are stable.

The moves follow President Trump's comments yesterday that Iran called him seeking a deal, signaling that at least one, if not both, countries would prefer to end the fighting that has broken out this week. The U.S. and Iran exchanged fire again last night, with Washington saying it struck 90 military targets.

With tensions softening, traders are turning some of their attention back to the AI trade ahead of the debut of SK Hynix's U.S.-listed shares tomorrow. The South Korean chip giant is expected to price its offering later today.

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