Stock Market Today: Futures Tick Up After Record Day For S&P 500, Nasdaq On Growing Hopes Of Iran Deal— A

Futures related to U.S. stocks ticked up in pre-market trading on Thursday, after the benchmark S&P 500 and tech-heavy Nasdaq Composite rose to fresh records in the previous session, as investors weighed signs of easing tensions between Washington and Tehran and awaited a fresh round of earnings and economic data.

Sentiment was supported by growing hopes of a possible diplomatic breakthrough after President Donald Trump said in an interview aired on Wednesday that the Iran conflict was "very close to over" and that Tehran was eager to strike a deal.

A White House official also told CNBC that a second round of U.S.-Iran talks was under discussion, though no date has been set.

Meanwhile, the 10-year Treasury bond yielded 4.283%, and the two-year bond was at 3.755%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.

Stocks In Focus

Taiwan Semiconductor Manufacturing Co (TSMC)

Allbirds

PepsiCo

Tesla

Cues From Last Session

Upcoming Economic Data

Here's what investors will be keeping an eye on:

• Initial jobless claims data for the period ended April 11 will be out at 8.30 AM ET.
• Philadelphia Fed manufacturing survey for April will also be out 8.30 AM ET.
• March's capacity utilization and industrial production numbers will be out at 9.15 AM ET.

Commodities, Crypto, And Global Equity Markets

WTI Crude oil futures were trading lower in the early New York session by about 1% to hover around $92 per barrel.  International benchmark Brent crude rose 1.4% to $96.25 per barrel at last check.

Gold Spot US Dollar rose 0.44% to around $4,812.05 per ounce at last check. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.16% higher at the 98.2110 level.

Meanwhile, Bitcoin (CRYPTO: BTC) was last exchanging hands at a 1.11% higher price of $74,814.77, as per the last 24 hours.

Asian markets closed higher on Thursday, with Japan's Nikkei 225 touching a record high. Hong Kong's Hang Seng, South Korea's Kospi and Mainland China's CSI 300 clocked gains, except Australia's ASX 200, which fell after the release of labor data on Thursday. Most European markets were in the green.

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