Wall Street on track for gains at open, oil prices tumble 4% after Trump says Iran stopped killings

Wall Street was poised to open with gains on Thursday and oil prices tumbled 4% after U.S. President Donald Trump said he was told that plans for executions in Iran have stopped, even as Tehran signaled fast trials and executions ahead in its crackdown on protesters.

Futures for the S&P 500 gained 0.3% before the bell, while futures for the Dow Jones Industrial Average edged up 0.2%. Futures for the Nasdaq, where most of the biggest tech companies trade, jumped 0.8% to claw back some of Wednesday’s losses.