Stock market today: Dow, S&P 500, Nasdaq futures rise, oil slides as Iran war jitters ease

Market Overview - US stock futures increased slightly, with Dow Jones Industrial Average futures up 0.2%, S&P 500 contracts also rising 0.2%, and Nasdaq 100 futures gaining 0.3% [1] - Oil prices fell approximately 7% following President Trump's comments about a potential quick end to the Iran conflict, with West Texas Intermediate crude at about $88 per barrel and Brent crude around $92 [4] Corporate Earnings - Oracle is set to report its fourth-quarter earnings, with its stock rising 2% in premarket trading [6] - Adobe is scheduled to release its earnings on Thursday [5] - Hewlett Packard Enterprise reported a revenue beat for Q2, driven by strong demand for AI infrastructure, and raised its fiscal 2026 adjusted earnings per share forecast to $2.30-$2.50 [7][8] - Vertex Pharmaceuticals' stock rose 4% after announcing positive results from a late-stage trial for a drug treating a rare kidney disease [6] Oil Market Dynamics - The conflict in Iran has led to hardliners rallying behind new leadership, which may complicate the situation regarding tanker traffic through the Strait of Hormuz [3] - Saudi Aramco's management indicated that operations are normal and that they can ramp up oil shipments quickly once the Strait of Hormuz stabilizes [10]