US Futures Rally on Optimism Over Iran Talks
2026-05-26 00:11
By
Jam Kaimo Samonte
1 min. read
US stock futures jumped on Tuesday as Wall Street reopened following a holiday-extended weekend, with investor sentiment boosted by hopes for a potential peace agreement between the US and Iran.
President Donald Trump said negotiations were progressing well, though he warned that fresh attacks could follow if talks broke down, while a Pakistani mediator reportedly told China that a deal was close.
Nevertheless, key issues remain unresolved, including Iran’s nuclear ambitions and its demand to maintain control over maritime traffic through the Strait of Hormuz.
Last week, the Dow rose 2.13%, while the S&P 500 gained 0.88% and the Nasdaq Composite advanced 0.45%, supported by optimism over Middle East peace efforts and another strong batch of corporate earnings.
Investors are now focusing on a busy week of US economic releases, including PCE inflation and GDP data, alongside earnings reports from Zscaler, Salesforce, and Dell Technologies, among others.