07:22 AM EDT, 03/25/2026 (MT Newswires) -- The main US stock measures rebounded in Wednesday's premarket activity while oil prices declined amid media reports that the US has approached Iran with a plan to end the ongoing conflict in the Middle East.

The S&P 500 and the Dow Jones Industrial Average rose 0.7% each before the opening bell, while the Nasdaq added 0.9%. The indexes finished Tuesday's trading session in the red.

The US has sent a 15-point proposal to Iran to end the ongoing war in the Middle East, several media publications reported on Tuesday. Earlier in the week, President Donald Trump delayed a planned attack on Tehran's energy infrastructure amid ongoing talks.

Trump said Tuesday that the US is currently engaged in negotiations with Iran and suggested that Tehran is keen to reach a peace agreement, CNBC reported. Iran, however, recently denied that it was in any direct talks with the US.

"They're talking to us, and they're talking sense," Trump reportedly said.

"It is likely that Qatar, Turkey, Pakistan, and Oman have been passing messages between Tehran and Washington, but we are skeptical that we are just days away from a lasting deal," Helima Croft, head of global commodity strategy at RBC Capital Markets, said in a report e-mailed to MT Newswires on Tuesday.

West Texas Intermediate crude oil dropped 5.4% to $87.41 a barrel before the opening bell, while Brent increased 1.1% to $101.01.

Iran's mission to the United Nations said in a Tuesday post on X that "non-hostile vessels" from other states may pass through the Strait of Hormuz if they follow safety rules and coordinate with Iranian authorities.

Treasury yields were down before the open, with the two-year rate retreating 6.5 basis points to 3.87% and the 10-year rate off 6 basis points to 4.33%.

Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the delayed report on import and export prices for February at 8:30 am. The weekly EIA domestic petroleum inventories report is out at 10:30 am, while the Atlanta Fed's survey of business uncertainty posts at 11 am.

US private-sector output growth hit an 11-month low in March as the Middle East conflict boosted input costs for businesses, S&P Global's (SPGI) data showed Tuesday.

Federal Reserve Governor Stephen Miran is scheduled to speak at 4:10 pm.

PDD (PDD), Paychex ( PAYX ) and Chewy (CHWY) report their latest financial results before the bell, among others. Jefferies Financial ( JEF ) and Celcuity ( CELC ) post their earnings after the markets close.

Gold climbed 3.5% to $4,554 per troy ounce, while bitcoin advanced 3.2% to $71,581.