India, May 29 -- The major U.S. index futures are currently pointing to a slightly higher open on Friday, with stocks likely to see further upside following the advance seen over the course of the previous session.
Persistent optimism about a potential U.S.-Iran deal may lead to continued strength on Wall Street amid a steep drop by the price of crude oil.
U.S. crude oil futures are slumping by 1.4 percent following recent reports the U.S. and Iran have agreed to a framework for a 60-day extension of the ceasefire.
The agreement would purportedly facilitate the reopening of the Strait of Hormuz and enable fresh negotiations over Iran's nuclear program, although President Donald Trump has yet to sign off on the deal.
Positive sentiment m...