Premarket: Wall Street futures steady as investors await Mideast deal updates; Dell soars
U.S. stock index futures remained steady as investors awaited updates on a potential deal between the U.S. and Iran. Wall Street's major indexes have been on a record run, driven by optimism around AI and strong earnings growth expectations. Dell's shares surged significantly after raising its profit and revenue forecasts, while other tech companies also saw gains.
- ▪U.S. stock index futures were steady after closing at record highs in the previous session.
- ▪Dell's shares surged 38.5% after raising its full-year profit and revenue forecasts.
- ▪The S&P 500 is on track for its ninth consecutive weekly gain, the longest winning streak since December 2023.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountU.S. stock index futures were steady on Friday, after closing at record highs in the previous session, with markets awaiting details on reports that the U.S. and Iran has reached a deal.Sources told Reuters that Washington and Tehran had agreed to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz, but President Donald Trump was yet to approve it.“Markets are heading into the weekend in a good position as risk appetite has improved as geopolitical fears ease and inflation data avoids a major upside surprise,” said Daniela Hathorn, senior market analyst at Capital.com.“However, positioning remains optimistic, valuations are elevated and much of the recent rally still…
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