07:12 AM EDT, 03/25/2026 (MT Newswires) -- Wall Street futures pointed higher pre-bell Wednesday on media reports that the US sent Tehran a 15-point peace plan to cease Persian Gulf hostilities, delivered by Pakistani intermediaries.

However, US-Israeli attacks on Iran and Iranian bombardments of Middle East neighbors continued.

In the futures, the S&P 500 rose 0.8%, the Nasdaq inclined 0.9%, and the Dow Jones was up 0.8%.

Asian exchanges traded solidly higher overnight, including a 2.9% rise on Tokyo's Nikkei 225 index, while European bourses tracked north midday on the continent.

Crude oil prices slumped in morning action, with West Texas Intermediate crude oil falling 5.5% to $87.27 a barrel.

Yields on 10-year US Treasuries eased to 4.33%.

On the economic calendar is the import and export prices release for February, along with the Q4 current account release, and the retail and wholesale inventories bulletins for February, at 8:30 am ET.

The weekly EIA petroleum bulletin logs at 10:30 am, and the Atlanta March Survey of Business Uncertainty posts at 11 am.

Federal Reserve Governor Stephen Miran is slated to speak on Wednesday.

In pre-market action, Bitcoin traded at $71,409, and spot gold traded for $4,555 an ounce.