Wall Street futures pointed modestly higher pre-bell Friday following media reports that Tehran and Washington have tentatively agreed on a 60-day ceasefire, and a graduated re-opening of the Strait of Hormuz.
In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.1% and the Dow Jones was up 0.2%.
West Texas Intermediate crude oil traded down 1.8% at $87.31.
Asian exchanges traded mostly higher overnight, with fresh zeniths set in Seoul, Taiwan and Tokyo on AI-sector optimism, while European bourses tracked moderately north midday on the continent.
Dell Technologies (DELL) traded up 36.6% pre-bell after the computer-maker reported fiscal Q1 results above consensus, and issued upbeat guidance for fiscal Q2 and the full year, late Thursday.
On the economic calendar is the international trade in goods bulletin for April, and the retail and wholesale inventories bulletins for April, at 8:30 am ET.
The Chicago purchasing managers index (PMI) for May logs at 9:45.
The weekly Baker Hughes oil-and-gas rig count posts at 1 pm.
Federal Reserve Vice Chair Michelle Bowman, Philadelphia President Anna Paulson, and San Francisco President Mary Daly are slated to speak on Friday.
In pre-market action, bitcoin traded at $73,524, and 10-year US Treasuries offered 4.45%. Spot gold commanded $4,534 an ounce.