The US stock market is set for a positive opening, with futures for the S&P 500, Dow Jones, and Nasdaq 100 trading higher as optimism grows around potential peace talks between the US and Iran. The Nasdaq is expected to surge over 1%, with both the S&P and Nasdaq nearing 52-week highs. This optimism follows a report indicating that Iranian Foreign Minister Abbas Araqchi is expected to arrive in Islamabad to resume discussions. Additionally, US President Donald Trump has extended the ceasefire with Iran, although the naval blockade remains in place. Meanwhile, crude oil prices have declined, with Brent crude futures down 0.9% and WTI crude dropping 2%, as profit-taking occurs amid the peace talk hopes. In stock-specific news, shares of Intel surged nearly 29% in pre-market trading after a strong sales forecast, signaling a potential turnaround for the semiconductor sector, which is benefiting from increased demand for artificial intelligence infrastructure. This trend is reflected globally, with other semiconductor stocks also performing well, indicating a robust market outlook driven by AI-related earnings.