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Wall Street Futures Advance Premarket Tuesday on Mid East Peace Talks Optimism

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Wall Street futures were advancing before the market open Tuesday, with investors maintaining optimism over Middle East peace talks despite recent US strikes on Iran.

In the futures, the S&P 500 was 0.7% higher, the Nasdaq was up 1.1%, and the Dow Jones rose by 0.5%.

Asian markets were mostly lower at closing, while European bourses were mostly lower around midday.

Early movers include Elbit Systems (ESLT), which was up more than 8% after reporting higher Q1 non-GAAP earnings and revenue. Pony AI (PONY) shares rose past 9% after posting Q1 results that beat market expectations.

AutoZone (AZO) and Coca-Cola Europacific Partners (CCEP) are scheduled to release their quarterly results on Tuesday.

On the economic calendar is the Consumer Confidence report at 10:00 am ET. The Case-Shiller Home Price Index is due at 9:00 am ET.

In pre-market action, bitcoin traded at $76,573.03, West Texas Intermediate crude oil traded 5.1% lower at $91.72, and 10-year US Treasuries offered 4.49%. Spot gold traded for $4,535.16 an ounce.

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