India, Aug. 7 -- Geopolitical tensions in the Middle East remain high as a final decision regarding the reopening of the Strait of Hormuz remains unresolved going into Friday.
Oil prices traded higher. Brent crude futures edged up by 0.3 percent toward $83 a barrel.
Gold climbed above $4,300 an ounce. Spot gold jumped 1.8 percent to $4,316.95 an ounce.
Early signs from the U.S. Futures Index sugges that Wall Street might open moderately up.
As of 7.55 am ET, the Dow futures were up137.00 points, the S&P 500 futures were adding 16.50 points and the Nasdaq 100 futures were progressing 60.00 points.
The U.S. major averages all finished Thursday in negative territory. The Dow slumped 464.02 points or 0.9 percent to 53,885.10, the S&P 500 d...