Dow Jones futures rose after a long weekend as crude oil prices dived on Iran deal hopes despite U.S. strikes. Marvell, Dell, Costco earnings loom.

The Dow Jones Industrial Average hit a new record Wednesday as oil futures retreated on optimism about a U.S.-Iran peace deal, although the S&P 500 and Nasdaq Composite pulled back from all-time highs reached yesterday as chip shares fell.

Despite the market closure for Memorial Day and other celebrations around the world, futures are exploding on further peace pricing.

U.S. President Donald Trump said in a post on Truth Social on Monday that negotiations with Iran are proceeding nicely, even as the military conducted “self-defense strikes” on southern Iran.

US stock futures point to a record opening as tech stocks rally, despite escalating tensions in the Middle East. The S&P 500, Nasdaq, and Dow Jones saw modest gains, while chip stocks thrived amidst AI optimism and strong earnings.

Futures tied to the S&P 500 and Nasdaq rose on Wednesday as investor optimism around AI-driven chip stocks continued to support technology shares. Meanwhile, oil prices fell sharply amid reports of possible progress in US-Iran negotiations and easing concerns over disruptions in the Strait of Hormuz.

U.S. Stock markets in much of the rest of the world pulled back from their gains the day before, as fighting continued in the region and the U.S. military.

Treasurys moderated from their recent ascent, offering a boost to small caps in the Russell 2000, which led major indexes on Friday.

Futures on the Dow Jones fell as much as 200 points, while those on the S&P 500 and Nasdaq declined 30 and 90 points respectively. The S&P 500 and Nasdaq ended at fresh records last week with the former ending close to the 7,

Wall Street opened slightly higher, supported by sustained momentum in AI and chip stocks. Investors remained cautiously optimistic about a potential U.S.-Iran deal, while benchmark indexes posted modest gains at the opening bell,

Investors continue to disregard the ongoing conflict in the Middle East, despite the possible ramifications on energy markets and the global economy.

U.S. stock futures moved higher on Wednesday after a powerful rally in semiconductor shares pushed the S&P 500 and Nasdaq Composite to fresh record closes in the previous session. Investors continued to balance optimism surrounding artificial intelligence with uncertainty over negotiations aimed at ending the conflict between the United States and