Stock Market Today: S&P 500, Nasdaq Futures Rise As JD Vance Touts 'Good Deal' If Iran Meets US 'Red Lines'—Sana, Chevron In Focus (UPDATED)

Editor’s note: The future prices of benchmark tracking ETFs, the lede, the economic data and the headline were updated in the story.
U.S. stocks rose on Tuesday, following Monday’s rally. Futures of the major benchmark indices were trading higher.
Wholesale inflation showed continued momentum in March, with the Producer Price Index (PPI) for final demand rising 0.5% for the month. On a year-over-year basis, the unadjusted index surged by 4.0%, marking the largest 12-month advance since February 2023. This advance was heavily driven by a 1.6% jump in final demand goods, largely fueled by an 8.5% spike in energy costs—including a notable 15.7% jump in gasoline prices.
On Monday, Vice President JD Vance hinted at a potential path forward in stalled Iran talks, saying that a diplomatic breakth