Oil Prices Reach $90 Amid U.S.-Iran Negotiations, Stocks Rise

Oil prices briefly topped $90 per barrel, marking their highest level since early June before pulling back to around $88.25. U.S. stock futures saw increases: S&P 500 futures rose 0.36%, Nasdaq-100 futures gained 0.78%, and Dow futures advanced by 121 points or 0.23%. The volatility index decreased to 18.22, down 2.93%, signaling reduced short-term market fear. This context around oil prices and stock performance matters for investors as it reflects broader market sentiment and influences trading strategies.