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Futures up: Dow 0.28%, S&P 500 0.26%, Nasdaq 0.29%

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Accenture ( ACN ) beats third-quarter revenue estimates

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Crypto stocks rise as bitcoin prices soar

(Updates before markets open)

By Kanchana Chakravarty and Sukriti Gupta

June 20 (Reuters) -

Wall Street was headed for a higher open on Friday, tracking

strength in global stocks after President Donald Trump held off

from making an immediate call on U.S. involvement in the

Israel-Iran war.

As hostilities between the two Middle Eastern countries

approached their second week, the White House said on Thursday

Trump will decide in the next two weeks whether the U.S. will

get involved on Israel's side.

Markets have been on edge as Trump has kept the world

guessing on his plans - veering from proposing a swift

diplomatic solution to suggesting the U.S. might join the fight

as Israel aims to suppress Tehran's ability to build nuclear

weapons.

A senior Iranian official told Reuters Tehran was ready to

discuss limitations on its uranium enrichment, but zero

enrichment will be rejected "especially now under Israel's

strikes".

"Any news flow that's going to lean in the direction of

de-escalation is going to be a market positive and we're seeing

that to a certain extent here," said Art Hogan, chief market

strategist at B. Riley Wealth.

The oil price volatility triggered by the Middle East

conflict has also become a fresh concern as the U.S. grapples

with tariff-based price pressures.

The Fed kept interest rates unchanged on Wednesday, in line

with market expectations. Policymakers, however, cautioned about

inflation picking up pace over the summer as the economic

effects of Trump's steep import tariffs kick in.

At 08:40 a.m. ET, Dow E-minis were up 118 points, or

0.28%, S&P 500 E-minis were up 15.5 points, or 0.26%,

and Nasdaq 100 E-minis were up 63 points, or 0.29%

The S&P 500 and the Nasdaq are set for weekly

gains, while the blue-chip Dow is on track for mild

weekly declines.

Investors are also bracing for any potential spike in

volatility owing to Friday's "triple witching" - the

simultaneous expiration of single stock options, stock index

futures, and stock index options contracts that happens once a

quarter.

Crypto stocks gained in premarket trade as bitcoin prices

rose 1.7%. Coinbase Global ( COIN ) was up 4.3%, and Strategy

gained 1.2%.

Among megacap stocks, Tesla gained 1.8%.

Stablecoin issuer Circle extended gains from its

previous session, with shares last up 16%.

Accenture ( ACN ) fell 5.1% after the IT services provider

said new bookings decreased in the third quarter.

CarMax ( KMX ) gained 10% after the used-car retailer posted

stronger-than-expected revenue and profit for the first quarter.

GMS shares rose 28.4% after QXO made an

offer on Wednesday to acquire the company for about $5 billion

in cash. Shares of QXO were up 3.1%.

Wall Street's strong gains last month, primarily driven by

a softening in Trump's trade stance and strength in corporate

earnings, had pushed the benchmark S&P 500 index close to its

record peaks before the ongoing conflict in the Middle East made

investors risk-averse.

The S&P 500 index stood about 3% below its record level, and

the tech-heavy Nasdaq remained 3.3% lower.

(Reporting by Kanchana Chakravarty and Sukriti Gupta in

Bengaluru; Editing by Devika Syamnath)