Iran War: US Stocks Bounce as Traders Track If Truce Hold | The Opening Trade 5/5/2026

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US stock futures rebounded and oil prices eased as traders monitor whether a fragile ceasefire in the Middle East can hold. A flareup of violence in the Middle East has injected fresh uncertainty after a month-long rally that pushed equities to new records, fueled by strong earnings from tech megacaps and gains in chipmakers. Still, Iranian Foreign Minister Abbas Araghchi said that talks with the Americans were “making progress.” The Opening Trade has everything you need to know as markets open