India, June 18 -- The major U.S. Index futures are currently pointing to a higher open on Thursday, with stocks likely to regain ground after coming under pressure late in the previous session.
Early buying interest may be generated in reaction to news the U.S. and Iran have officially signed a preliminary agreement to end the Middle East war.
U.S. President Donald Trump and his Iranian counterpart Masoud Pezeshkian have each signed the memorandum of understanding setting up negotiations to reach a permanent peace deal
The MoU will enter into force with immediate effect and as a first step, Iran will reopen the Strait of Hormuz and the United States will lift the naval blockade of Iranian ports.
As per the 14-point framework deal, the U...