Oil prices fall on Iran deal; S&P 500, Nasdaq futures rise
Key takeaways
- Futures pointed to broad-based opening gains, with the Nasdaq 100 leading at 0.67%, the S&P 500 up 0.39%, and the Dow adding 95 points, or 0.19%.
- Across Asia, most major indexes finished in the green.
- Not everyone is convinced the semiconductor surge has legs.
Oil prices fall on Iran deal; S&P 500, Nasdaq futures rise Quartz · Spencer Platt / Getty Images Cris Tolomia Tue, June 9, 2026 at 6:32 PM GMT+7 2 min read CL=F ^DJI ^GSPC ^IXIC ^NDX Chip stocks notched a second straight day of gains and oil prices retreated Tuesday after President Donald Trump signaled a nuclear agreement with Iran could arrive within days, pushing U.S. stock futures into positive territory, according to CNBC.
Futures pointed to broad-based opening gains, with the Nasdaq 100 leading at 0.67%, the S&P 500 up 0.39%, and the Dow adding 95 points, or 0.19%. Monday s regular session closed with the S&P 500 and Nasdaq Composite adding 0.3% and 0.86%, respectively, while the Dow bucked the trend and finished down 80.77 points, or 0.16%.
A Monday evening statement from Trump to reporters — describing the two nations as "very close to having a good strong powerful deal" that would reopen the Strait of Hormuz — drove WTI crude down roughly 2% to under $90 a barrel, according to The Wall Street Journal. Brent crude hovered just above $92 a barrel. The oil move followed a fragile pause in Middle East hostilities: Iran halted its strikes against Israel Monday but cautioned that attacks would restart if Israeli operations in Lebanon pressed on, and Netanyahu separately declared the conflict "not yet over."