TLDRU.S. equity futures advanced Tuesday following reports Trump may conclude Iran military operations without requiring Strait of Hormuz reopeningDow futures climbed 1%, S&P 500 futures advanced 0.9%, Nasdaq 100 futures increased 0.8%Major indexes heading toward worst quarterly performance since 2022Crude oil prices stayed elevated, with WTI trading above the $100 thresholdMarket participants anticipate March consumer confidence figures and February JOLTS data releaseEquity futures in the United States surged during Tuesday’s pre-market session following reports indicating President Trump may be prepared to conclude military operations in Iran without insisting on complete reopening of the Strait of Hormuz.Contracts linked to the Dow Jones Industrial Average climbed approximately 459 points, representing a 1% increase. S&P 500 futures advanced 0.9% while Nasdaq 100 contracts posted gains of 0.8%.E-Mini S&P 500 Jun 26 (ES=F)The rally materialized after The Wall Street Journal published a report late Monday revealing that Trump and senior advisors had determined that operations to reopen the Strait of Hormuz would prolong the conflict well beyond the administration’s targeted four to six-week timeframe.BREAKING: President Trump is willing to end the Iran War even if the Strait of Hormuz remains closed, per WSJ.Details include:1. Trump and his aides assessed that a mission to reopen Hormuz would push the conflict beyond his timeline 4-6 weeks2. Trump believes the US should…— The Kobeissi Letter (@KobeissiLetter) March 31, 2026On Tuesday morning, Trump posted on Truth Social in what appeared to be a signal toward de-escalation. “Iran has been, essentially, decimated,” the president stated. “The hard part is done. Go get your own oil!”Henry Allen, a macro strategist at Deutsche Bank, noted that the Wall Street Journal’s reporting had “raised hopes that the current phase of the conflict will wind down soon,” further observing that “the market tone has become decidedly more positive overnight.”Tuesday marks the conclusion of the first quarter’s trading. The three primary indexes are tracking toward their weakest quarterly showing since 2022, based on Dow Jones Market Data analysis.Monday saw all three benchmarks decline, surrendering early session advances as market participants grew concerned about the continuing Middle East military situation.Market sentiment had deteriorated significantly entering Tuesday’s session. The CBOE Volatility Index surpassed 30 on Monday, a threshold indicating heightened investor concern.Oil Stays High Despite Diplomatic SignalsOil prices maintained elevated levels despite improving diplomatic indicators. West Texas Intermediate crude settled above the $100 per barrel mark for the first time since 2022. During Tuesday’s early session, WTI futures added another 0.4% to reach $103.28 per barrel. Brent crude held steady at $107.38.Equities have found it challenging to sustain rallies in recent sessions when crude prices remain elevated, which continues to worry market participants.Gold futures increased 0.5% to $4,581 per ounce during early trading hours. The benchmark 10-year Treasury yield declined one basis point to 4.33%. The U.S. dollar traded flat versus a basket of major global currencies.Messaging from Washington has been inconsistent. While certain officials have highlighted diplomatic advancement, Trump separately indicated the U.S. might pursue control of Iranian oil assets.Economic Data Due TuesdayMarket observers are awaiting fresh economic indicators scheduled for release later Tuesday. Both the March consumer confidence index and the February Job Openings and Labor Turnover Survey are set for publication. These reports should provide additional insight into the U.S. economic landscape as the second quarter begins.The joint U.S.-Israeli military campaign against Iran reached its fifth week as of Tuesday.The post Stock Futures Surge as Trump Hints at Iran Conflict De-Escalation Without Hormuz Condition appeared first on Blockonomi.