U.S. stock futures rise amid reports of a U.S. peace proposal to Iran

After-hours U.S. stock futures were higher on March 24 after reports the U.S. proposed a peace plan to Iran; at 6:34 p.m. EDT the Nasdaq 100, S&P 500 and Dow were up about 0.79%, 0.63% and 0.61%. Earlier, major indices fell in the regular session as oil prices climbed and after Iranian officials denied holding direct talks with the U.S.

U.S. stock futures moved higher in after-hours trading on March 24 as reports said the U.S. had proposed a peace plan to Iran. Futures gains followed declines in the regular session earlier that day. Oil prices climbed during the regular session. Iranian officials later denied holding direct peace talks with the United States, which reversed some earlier market gains tied to remarks from President Trump. Key details: - At 6:34 p.m. EDT on March 24, futures on the Nasdaq 100 were up 0.79%, the S&P 500 was up 0.63%, and the Dow Jones Industrial Average was up 0.61%. - In the regular session earlier, the Nasdaq fell 0.8%, the Dow fell 0.2%, and the S&P 500 fell 0.4%. - Oil prices rose during the regular session, contributing to the market pullback. - Iranian officials denied holding direct peace talks with the U.S.; those denials followed President Trump's comments about "productive conversations." Summary: Markets reacted to reports of a U.S. peace proposal and subsequent denials by Iranian officials, producing modest after-hours gains while major indices had fallen in regular trading. The immediate market path will reflect how diplomatic developments unfold. Undetermined at this time.