Nasdaq to lead strong Wall Street rebound after Iran ceasefire deal

Nasdaq futures jumped 3.5% while Dow and S&P 500 futures were each up about 2.8%, signaling a sharply higher US open. The move was driven by easing tensions in the Middle East that lifted sentiment, producing a broad risk-on reaction likely to boost cyclicals and tech at the open.

Analysis

Nasdaq futures jumped 3.5% while Dow and S&P 500 futures were each up about 2.8%, signaling a sharply higher US open. The move was driven by easing tensions in the Middle East that lifted sentiment, producing a broad risk-on reaction likely to boost cyclicals and tech at the open.