* Futures up: Dow 0.05%, S&P 500 0.26%, Nasdaq 0.5%
* BlackRock ( BLK ) gains after Q1 profit rises
* JPMorgan ( JPM ) and Wells Fargo ( WFC ) fall after Q1 results
* United, American Airlines ( AAL ) climb after merger pitch
(Updates after PPI data)
By Niket Nishant and Avinash P
April 14 (Reuters) - Wall Street's main indexes were on
course to open higher on Tuesday after reports of fresh efforts
to ease the Middle East conflict boosted sentiment, with traders
also assessing corporate earnings and the March producer price
data.
Delegations from the U.S. and Iran could resume talks in
Pakistan to end the war this week, sources told Reuters. This
comes after U.S. President Donald Trump said Iran had been in
touch and wanted to make a deal, but he would not agree to any
outcome that allows Tehran to have a nuclear weapon.
The market has been sensitive to developments in the region,
with even tentative signs of an off-ramp sufficient to encourage
investors eager for positive news.
At 08:34 a.m. ET, Dow E-minis were up 25 points, or
0.05%, S&P 500 E-minis added 18.5 points, or 0.26%, and
Nasdaq 100 E-minis rose 128.5 points, or 0.5%.
The S&P 500 has recouped most of its losses since the
start of the war, while the Nasdaq 100 logged a nine-day
winning streak, its longest rally since September 2025.
"Investors seem to be buying into the notion that it may
take a while, but there is an off-ramp in the future to this
war," said Art Hogan, chief market strategist at B Riley
Wealth.
Commentary from several Federal Reserve policymakers later
in the day will be closely watched for insight into how the
central bank is assessing the impact of the U.S.-Iran war.
EARNINGS EYED FOR DIRECTION
A busy slate of quarterly earnings is also expected to guide
the market.
"The earnings season will help investors shift their focus
from the macro to the micro," Hogan said.
BlackRock ( BLK ) gained 1.9% in premarket trading after the
asset manager reported a rise in first-quarter profit, helped by
strong inflows into its exchange-traded funds and a sharp
increase in performance fees.
JPMorgan ( JPM ) and Wells Fargo ( WFC ) declined 0.7% and
2.9%, respectively, following their first-quarter results.
Citigroup ( C ) rose 1.7%, while Johnson & Johnson ( JNJ )
was down 1.2% post earnings.
"Despite a messier macro backdrop, the earnings season
begins from a constructive fundamental starting point," said
Anthony Saglimbene, chief market strategist at Ameriprise
Financial.
"The next few weeks of profit reports will likely need to
confirm that earnings momentum is broad enough and guidance firm
enough to support stock prices after a period of elevated
volatility and, in some pockets, still above-average
valuations."
Meanwhile, data showed that U.S. producer prices increased
less than expected in March as the cost of services was
unchanged.
Among other stock movers, United Airlines and
American Airlines ( AAL ) rose 2.9% and 8.7%, respectively.
United Airlines CEO Scott Kirby pitched a potential merger
with American Airlines ( AAL ) to Trump in late February, two sources
said, raising the prospect of an industry-reshaping deal.
Shares of Globalstar ( GSAT ) jumped 9.3% after Amazon.com ( AMZN )
agreed to an $11.57 billion deal to buy the satellite
company.