India, June 12 -- Citing negotiations, President Donald Trump once again called off cancelled strikes on Iran. However, Iran has not responded to it and insisted that no final decision has been made.

Early signs from the U.S. Futures Index suggest that Wall Street might open significantly up on Friday.

In the Asian trading session, the dollar was mildly lower. Gold was subdued below $4,200 an ounce.

As of 7.55 am ET, the Dow futures were up 403.00 points, the S&P 500 futures were adding 51.25 points and the Nasdaq 100 futures were progressing 190.75 points.

The U.S. major averages posted strong gains on Thursday. The Nasdaq surged 640.16 points or 2.5 percent to 25,809.66, the Dow shot up 929.97 points or 1.9 percent to 50,848.75 and th...