U.S. stock index futures are climbing this morning, signaling a potential rebound for the market. Futures for the Dow, S&P 500, and Nasdaq are all up, with the Nasdaq specifically poised for a rebound.
Market sentiment is being shaped by optimism surrounding a potential deal with Iran, which is helping to offset ongoing concerns about the Federal Reserve's monetary policy. Investors are weighing the positive impact of the Iran deal against the possibility of a hawkish Fed and future rate hikes.
In related economic news, gasoline prices have reportedly fallen below $4 per gallon. Additionally, shares of Intel are showing gains. This is a developing story and will be updated as details emerge.