Wall Street set to open higher on US-Iran peace deal reports

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Summary · why it matters

Wall Street's main indexes were poised to open higher on Tuesday as investors welcomed a report suggesting the United States and Iran were close to a peace agreement. Pakistan's defence minister told Bloomberg News that signals indicated a deal was near, while Qatar's foreign ministry said Iran-Oman talks were in an advanced stage. Brent crude futures turned lower after hitting one-week highs, having surged 5% on Monday on exchange of demands over the strait. Dow E-minis were up 54 points, S&P 500 E-minis up 11.5 points, and Nasdaq 100 E-minis up 103 points. Hims & Hers Health shed 7.3% after the telehealth company posted a wider-than-expected second-quarter loss.

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