-- Wall Street futures pointed moderately higher pre-bell Wednesday after President Donald Trump unilaterally extended a US Persian Gulf ceasefire on Tuesday.
However, global crude prices edged higher in morning hours, as the Strait of Hormuz remained effectively closed to tanker traffic.
In the futures, the S&P 500 rose 0.6%, the Nasdaq inclined 0.7%, and the Dow Jones was up 0.5%.
West Texas Intermediate crude oil traded up 0.5% at $90.08 in pre-bell activity.
Asian exchanges traded unevenly overnight, although Tokyo's Nikkei 225 index struck a fresh all-time zenith on strength in tech shares. European bourses edged lower midday on the continent.
AT&T (T) traded up 1.2% pre-bell after reporting Q1 EPS below consensus but topping revenue expectations, and affirming guidance, in a morning release.
Tesla (TSLA), Lam Research (LRCX), IBM (IBM), and Texas Instruments (TXN) are slated to report earnings after the close, among others.
On the economic calendar is the Atlanta Fed Business Inflation Expectations for April at 10 am ET, followed by the weekly EIA petroleum status report at 10:30 am.
In pre-market action, Bitcoin traded at $78,004, and 10-year US Treasuries offered 4.28%. Spot gold commanded $4,756 an ounce.