Dow Futures Edge Higher on Expected US-Iran Hormuz Deal

Dow Jones futures advanced 0.23% to around 54,390 during European trading on Wednesday. The move came alongside reports of progress toward a US-Iran agreement that would reopen the strategically vital Strait of Hormuz.

S&P 500 futures added 0.34% to trade near 7,790, while Nasdaq 100 futures edged up 0.14%.

Investors appeared to price in reduced geopolitical risk and improved energy transit routes, which could ease supply concerns and support broader market sentiment.