Futures Point To Higher Open For Wall Street On Hopes Of Potential De-escalation In Middle East

President Donald Trump suggested the war could be done within two or three weeks. President is reportedly addressing the nation on Wednesday.

Iran said no formal peace talks were underway but signaled a wiliness to stop fighting.

Despite the Middle East conflicts, the investor sentiments are turning positive on President’s suggestion for de-escalation.

In the Asian trading session, the dollar and global bond yields fell sharply. Gold prices were above $4,700 an ounce.

Brent crude prices fell almost 4 percent below $100 a barrel.

Initial signs from the U.S. Futures Index suggest that Wall Street might open positive.

As of 7.55 am ET, the Dow futures were adding 377.00 points, the S&P 500 futures were progressing 58.25 points and the Nasdaq 100 futures were up 280.00 points.

The U.S. major averages ended Tuesday higher. The Nasdaq soared 795.99 points or 3.8 percent to 21,590.62, the S&P 500 spiked 184.80 points or 2.9 percent to 6,528.52 and the Dow surged 1,125.37 points or 2.5 percent to 46,341.51.

On the economic front, the Retail Sales for February will be released at 8.30 am ET. The consensus is 0.4 percent, while it was down 0.2 percent in the prior month.

The ISM Manufacturing Index for March will be issued at 10.00 am ET. The consensus is 52.3, while it was up 52.4 in February.

The Business Inventories for January will be published at 10.00 am ET. In December the Inventories were up 0.1 percent.

The Energy Information Administration or EIA’s Petroleum Status Report for the third week will be revealed at 10.30 am ET. In the prior week, the crude oil inventories were up 6.9 million barrels, gasoline inventories were down 2.6 million barrels.

St. Louis Fed President Alberto Musalem will speak and participate in moderated conversation on the U.S. economy and monetary policy before the American Enterprise Institute at 9.05 am ET.

Fed Governor Michael Barr speaks on ‘AI and Consumer Issues’ at the National Fair Housing Alliance 2026 Responsible AI Symposium at 9.10 am ET.

Asian stocks soared on Wednesday. China’s Shanghai Composite index rallied 1.46 percent to 3,948.55.
Hong Kong’s Hang Seng index jumped 2.04 percent to 25,294.03.

Japanese markets rebounded strongly. The Nikkei average surged 5.24 percent to 53,739.68. The broader Topix index settled 4.95 percent higher at 3,670.90.

Australian markets rose sharply. The benchmark S&P/ASX 200 rallied 2.24 percent to 8,671.80 while the broader All Ordinaries index closed 2.32 percent higher at 8,885.60.

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