June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.38% this morning as investors remain wary ahead of President Trump’s deadline for Iran to reach a deal that includes reopening the Strait of Hormuz.
Stock index futures briefly turned higher after Axios reported that President Trump could delay military strikes against Iran’s key infrastructure if he sees a deal coming together. Also, regional mediators signaled that they were nearing an agreement. The U.S. president insists that any deal must guarantee uninterrupted passage through the Strait of Hormuz.
