U.S.-Iran Agreement, BOJ Rate Hike and SpaceX Rally Drive Market Attention: Dow Jones, S&P, Nasdaq, Wall Street Futures

Market attention focuses on the U.S.-Iran agreement and a SpaceX rally, driving Nasdaq futures higher. However, the Dow Jones tumbled 500 points following signals of a possible rate hike from the new Fed chief, Warsh. During his first press conference, Warsh indicated he is considering a revamp of how the Fed communicates with businesses, households, and the market. These conflicting factors are currently shaping the trajectory of Wall Street futures and major indices.