U.S. Stock Futures Climb Overnight After U.S.-Iran Peace Deal; Dow Up 0.58%, S&P 500 +0.81%

According to official announcements, U.S. stock futures climbed late Wednesday overnight after Washington and Tehran electronically signed a 14-point Memorandum of Understanding to end their conflict, offsetting concerns from the Federal Reserve's hawkish rate outlook. Dow futures rose 0.58%, S&P 500 futures gained 0.81%, and Nasdaq 100 futures traded 1.32% higher. The Fed left interest rates unchanged at Kevin Warsh's first policy meeting as chair but signaled one potential rate hike in 2026, with median federal funds rate forecast at 3.8%.

Oil prices declined following the deal announcement. Brent crude futures fell 1.46% to $78.39 per barrel, while WTI crude futures dropped 1.59% to $75.57 per barrel.