Stock Futures Rise on Easing Tensions, Oil Surge

0:00On March 31st, U.S. stock futures Climb Tuesday, on hopes of cooling tensions in the Middle East. A report said President Trump told AIDS he's ready to wrap up the military push against Iran, even if the Shred of Hormuz stays mostly shut. This news hit after a rough month that's got the S&P 500 and the Dow aimed at their worst drops since September 2022. Wall Street Journal broke the story Monday, easing jitters from the conflict that slammed global markets. The S&P 500 is also on pace for its ugliest quarter since 2022, with oil prices swinging wild, but locking in a massive monthly. Jump. Investors feel the relief, but markets are hurting. The Dow and Nasdaq closed last week, 10% off their peaks, officially in correction territory. Small cap Russell 2000 confirmed it earlier this month. Energy's the lone bright spot, up over 11% in March. At 8.11 a.m., Eastern Time, Dow E-minis rose 496 points, or 1.09%.

1:01S&P 500 E means gains 66.75 points, or 1.04%. Nasdaq 100 E-minis added 285.75 points, or 1.02%. Eyes now, on February, Joltz jobs, data, and Fed speakers like Austin Goolsbee. Global surge is stirring inflation fears again, killing hopes for Fed rate cuts this year. Still, most analysts hold steady on growth outlooks and earnings targets through 2026. Pre-market McCormick's spike 4.8% on Unilever deal talks, while constellation energy slipped 1.9% on week 20. 26 profit views. Tensions easing, but the data drive will tell the real story. From across the country, powered by AI, this is US News Today. I'm Corey, with the story.