Premarket: Wall Street futures edge higher on Mideast diplomacy hopes, strong earnings

U.S. stock index futures edged higher as investors became more confident the worst of the Middle East conflict had passed. Sentiment was also supported by a wave of solid earnings that eased concerns about the economy. The move points to a modest risk-on tone, with gains driven more by improved confidence than by a single data point.

Analysis

U.S. stock index futures edged higher as investors became more confident the worst of the Middle East conflict had passed. Sentiment was also supported by a wave of solid earnings that eased concerns about the economy. The move points to a modest risk-on tone, with gains driven more by improved confidence than by a single data point.