U.S. equity futures edged higher Tuesday as traders priced in growing optimism around a possible U.S.–Iran deal. The sentiment pushed oil down, easing the sector that had weighed on markets earlier in the week. Futures on the S&P 500 and Nasdaq traded a few ticks above yesterday’s close, reflecting a modest risk‑on tilt amid lingering concerns over supply disruptions.

SpaceX surged in pre‑market trading, and if the rally holds, the rocket‑builder could post a gain exceeding 50% across its first three sessions. The stock’s jump would dwarf typical biotech or fintech moves, underscoring how quickly investor sentiment can translate geopolitical calm into speculative upside. The move also pressures short sellers on aerospace.

Investors watching the link between diplomatic headlines and commodity pricing see today’s move as a reminder that macro cues still drive equity trajectories. While oil’s dip eases inflation worries, the SpaceX rally highlights the appetite for high‑growth names when risk appetite improves. The market closed modestly higher, confirming that optimism around the Iran talks translated into tangible buying pressure. Analysts will watch upcoming data for confirmation.