S&P 500 futures edge higher after index posts another record; traders eye developments in Iran: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, May 6, 2026. Michael Nagle | Bloomberg | Futures linked to the S&P 500 edged higher early Thursday after the index touched new highs, buoyed by hopes that the U.S. and Iran were closing in on an agreement to end the war. S&P 500 futures moved 0.16% higher and Nasdaq 100 futures gained 0.19%. Futures tied to the Dow Jones Industrial Average added 120 points, or 0.24%. Shares of DoorDash popped 10% in Wednesday's extended trading session after the food delivery giant issued rosy guidance for orders in its second quarter. Meanwhile, cybersecurity stock Fortinet climbed 16% after lifting its full-year billings guidance . During the day's regular session, the broad S&P 500 climbed 1.46%, while the tech-dominated Nasdaq Composite jumped 2.02%. Both indexes reached new intraday and closing highs. The Dow surged 612.34 points, or 1.24%. Stocks moved higher and oil prices cooled after Axios reported, citing sources, that the U.S. and Iran are nearing a deal to end the war. Specifically, two U.S. officials and two other sources briefed on the issue told the outlet that the White House believes it is nearing a one-page, 14-point memorandum of understanding to not only end the war, but also establish a framework for more detailed nuclear talks. …