The S&P 500 futures currently trade 177 points above fair value.
CNN reporter Alayna Treene said on X, "Iranian President Masoud Pezeshkian has confirmed that his country will take part in ceasefire talks in Islamabad on Friday, according to a statement from Pakistani Prime Minister Shehbaz Sharif's office on Wednesday."
On the earnings front, Levi Strauss & Co (LEVI 21.88, +2.17, +11.0%) beat EPS expectations by $0.05, beat revenue expectations, and raised FY26 EPS and revenue guidance.