Wall Street pointed toward modest gains in premarket trading Wednesday and oil traded below $80 a barrel on optimism that Iran will quickly open the Strait of Hormuz if a tentative deal with the U.S. to end the war is signed Friday.
Futures for the S&P 500 and Dow Jones Industrial Average were unchanged before the opening bell. Nasdaq futures rose 0.4%.
Details of the interim U.S.-Iran deal, which is due to be formally signed in a ceremony in Switzerland on Friday, were leaked on Tuesday.
