U.S. stock futures climbed Tuesday, reflecting traders’ optimism that diplomatic talks between Washington and Tehran are edging toward a cease‑fire. Futures on the S&P 500 and Nasdaq each jumped about 0.8%, reinforcing a technology‑led rally that had already lifted Asian and European indices.

The Dow Jones Industrial Average closed Thursday at a record high, its first peak in more than three months, buoyed by strong earnings from several chipmakers. That performance helped set the tone for global markets, even as oil prices rose modestly on lingering supply‑risk worries tied to the Middle East.

Across Europe, bond markets reacted swiftly; government bond yields slipped as investors priced in a lower probability of an extended conflict. Yield declines lowered borrowing costs for corporates, particularly in capital‑intensive sectors such as aerospace and utilities, which could see improved profit margins if the de‑escalation holds.

Investors now weigh the balance between diplomatic progress and residual oil market volatility. While equity sentiment remains upbeat, any reversal in talks could reignite risk premiums and push yields back up. For now, market pricing suggests a cautious bet that the geopolitical backdrop will improve over the next few weeks.