Stock Market Today: S&P 500, Dow Futures Gain After Scott Bessent Signals Strait of Hormuz Deal With Iran

U.S. stock futures rose on Wednesday, as the Dow Jones and S&P 500 indices advanced, after the Dow and S&P 500 hit new all-time highs on Tuesday and closed higher."We are in talks with the Iranians," Bessent said, while adding that there could be major relief across energy products, fertilizers, refined products and industrial gases once a deal is reached with Iran.Meanwhile, the 10-year Treasury bond yielded 4.607%, and the two-year bond was at 4.20%. The CME Group’s FedWatch tool’s projections show markets pricing a 58.9% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.IndexPerformance (+/-)Dow Jones0.20%S&P 5000.31%Nasdaq 100-0.08%Russell 20000.20%Stocks In FocusAdvanced Micro Devices

Benzinga’s Edge Stock Rankings indicate that AMD maintains a strong price trend in the long and medium terms, with a good quality score.

Space Exploration Technologies

Benzinga’s Edge Stock Rankings indicate that SPCX maintains a weak price trend in the long, medium, and short terms.

SanDisk