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S&P 500 Futures Edge 0.06% Higher to 7,567 as Iran Ceasefire Awaits Trump Nod

S&P 500 futures traded cautiously higher at 7,567.92 on May 29 as markets monitored a potential 60-day U.S.-Iran ceasefire extension awaiting presidential approval. The session followed volatile trading on May 26 when CENTCOM conducted self-defense strikes in southern Iran, initially trimming futures gains before de-escalation hopes lifted the index to 7,515.28. Renewed tensions on May 28 lifted oil prices and bond yields while Dell’s blowout earnings provided sector support, leaving overall sentiment neutral amid geopolitical uncertainty rather than economic data.

Category

US 500

Sentiment

Bearish

Event

Market commentary

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1 min