FX.co ★ US Futures Tick Higher on Iran Deal Hopes

US stock futures inched higher on Tuesday as investors focused on a second round of peace talks between the US and Iran ahead of the expiration of their current ceasefire. Tehran is reportedly preparing to send a delegation to Islamabad, reversing earlier indications that it would not participate in further negotiations. President Donald Trump said he is unlikely to extend the truce if no agreement is reached, adding that the Strait of Hormuz will remain blocked until a deal is secured.

On Monday, the S&P 500 and Nasdaq Composite fell 0.24% and 0.26%, respectively, pulling back from record highs as US–Iran tensions flared again over the weekend. In corporate news, Apple slipped about 0.6% in after-hours trading after naming John Ternus as its next CEO. Investors are now looking ahead to a busy earnings slate on Tuesday, with results due from Danaher, GE Aerospace, Northrop Grumman, UnitedHealth, RTX, and others.