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US stock futures rose on Tuesday as investors grew more optimistic about a possible de-escalation of tensions in the Middle East and weighed a fresh batch of corporate earnings. US Vice President JD Vance cited “a lot of progress” in the first round of Iran talks held in Pakistan, with reports suggesting a follow-up meeting could be scheduled within days.
On the earnings front, JPMorgan fell about 1% in premarket trading, despite beating Q1 expectations, after the bank lowered its net interest income guidance. Wells Fargo dropped more than 2% as its first-quarter results disappointed. Johnson & Johnson also declined over 1% even after posting stronger-than-expected revenue and raising its 2026 sales outlook.
In more positive moves, BlackRock gained 2% on robust results, while American Airlines jumped 4% following reports that United Airlines CEO Scott Kirby floated a potential merger in discussions with senior officials in February. US-listed shares of Novo Nordisk advanced 3% after the company announced a partnership with OpenAI.
