Wall Street ticks higher in early trading with a tenuous ceasefire tested in Iran
Wall Street futures rose as President Donald Trump extended a ceasefire with Iran, while oil prices remained volatile. Boeing shares surged after the company reported improved quarterly revenue.
Wall Street futures rose on Wednesday after President Donald Trump extended a fragile ceasefire with Iran. Futures for the S&P 500 and Dow Jones Industrial Average each rose 0.5%, while Nasdaq futures were up 0.7%. Oil prices continued to fluctuate, with U.S. crude up 82 cents to $90.49 a barrel and Brent crude gaining 99 cents to $99.47. Boeing shares jumped 3.8% after the aerospace giant posted improved first-quarter revenue and a smaller loss than expected. In contrast, Best Buy fell 4% after announcing the departure of CEO Corie Barry. European markets were mixed, with France's CAC 40 slipping 0.3%, while Japan's Nikkei 225 rose 0.4%.
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