India, April 22 -- The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground following the pullback seen over the two previous sessions.
Early buying interest is likely to be generated in reaction to news that President Donald Trump has extended the U.S. ceasefire with Iran.
Calling Iran's government "seriously fractured," Trump said in a post on Truth Social that the U.S. would hold off on attacking Iran until their leaders "come up with a unified proposal."
However, Trump also said that he has directed the U.S. military to continue its blockade of all maritime traffic entering and exiting Iranian ports.
Iran dismissed Trump's ceasefire extension as "meaningless" and said the...