Stock futures moved higher as trading resumed, with attention split between upcoming earnings and policy developments in Washington. Prospects for a U.S.-Iran deal provided a geopolitical tailwind to an otherwise constructive market environment. Nasdaq-100 futures led gains, followed by increases in S&P 500 and Dow futures. Micron Technology rose in premarket trading after analyst optimism, including a call for more than 100% upside supported by long-term supply agreements. Dell Technologies also gained on expectations for strong Q1 results tied to Nvidia and AI-related tailwinds. President Trump said negotiations with Iran were progressing, while warning the U.S. could adopt an offensive posture if talks fail. Brent crude remained below $100 per barrel.
"Stock futures pointed higher Tuesday as traders returned with one eye on earnings and the other on Washington. Prospects of a U.S.-Iran deal are adding a geopolitical tailwind to an already constructive tape. Nasdaq-100 futures led the charge, advancing 1.2%, while S&P 500 futures gained 0.7% and Dow futures added 258 points, or 0.5%."
"Micron Technology is grabbing attention in the premarket, jumping 8% on a wave of analyst optimism. UBS is making the boldest call, flagging more than 100% upside ahead for the semiconductor name and pointing to the durability of its long-term supply agreements as the core of the thesis. The stock closed last week with a strong gain after weathering early-week pressure from a broader pullback in memory chip names."
"President Trump said Monday that negotiations with Iran to end the war were "proceeding nicely," though he was careful to leave the door open, warning the U.S. could shift to an offensive posture if talks break down. For now, the measured tone out of Washington is giving markets room to run. The price of Brent Crude oil continues to hover below the sensitive $100/barrel threshold."
"Pershing Square chief Bill Ackman disclosed a new position in software giant Microsoft, framing the entry as a continuation of a strategy that has already taken him into Google, Amazon, and Meta. "Like our purchases of $GOOG, $AMZN, and $META"
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