India, June 15 -- Early signs from the U.S. Futures Index suggest that Wall Street might surge on Monday as there Iran and US are closer to a deal to end war. However, there are no official confirmation on the terms.
Donald Trump said that the Strait of Hormuz will be reopened and the US naval blockade of Iran will be ended.
Asian shares finished positive, while European shares are trading higher.
Oil prices plunged more than 5 percent to reach three-month lows, while gold prices rose sharply to hover near a one-week high.
The U.S. dollar hit a 10-day low. Brent crude futures slumped over 4 percent toward $83 a barrel.
As of 7.51 am ET, the Dow futures were up 490.00 points, the S&P 500 futures were adding 98.75 points and the Nasdaq 1...