S&P Futures Climb on Hopes of Middle East Conflict Resolution, U.S. ADP Jobs Report and Retail Sales Data on Tap

S&P 500 E‑mini futures rose about 0.5% as hopes for a near‑term resolution to the Middle East conflict lifted risk appetite and pushed oil prices lower. The shift eased inflation fears and sent Treasury yields down, while investors awaited US ADP payrolls, retail sales, ISM and PMI prints and Fed speakers for further direction. Tech and chip names led gains in the prior session (notably Nvidia and Marvell), while energy lagged amid sliding crude. Market pricing largely rules out a Fed rate move this month, with futures showing a ~99.5% probability of no change. Global equities also advanced—Euro Stoxx 50 and major Asian indexes climbed—on easing geopolitical risk and mixed regional data. Overall the tone is constructive for risk assets in the near term, contingent on economic data and developments in the Middle East.