Futures Rise on Iran Deal Hopes, Netflix Falls

Stock index futures moved higher Friday as investor sentiment improved on reports of progress in U.S.-Iran nuclear negotiations, while Netflix shares fell sharply after the streaming company issued guidance that disappointed markets. The two moves pulled in opposite directions, creating a split tape heading into the session open. Geopolitical de-escalation between Washington and Tehran would reduce a meaningful tail risk in global energy markets, where Iranian oil supply constraints have been a persistent variable. A credible deal framework could ease crude price pressure and lift risk appetite more broadly, supporting equity futures across major indexes. Netflix, by contrast, dragged on the tech and communications segments. Weak forward guidance typically signals slowing subscriber momentum or margin compression ahead, and in a rate-sensitive environment, growth stocks reprice quickly on any downward revision to earnings trajectories. Traders will watch for confirmation on the Iran talks from official channels and parse Netflix's earnings call for detail on advertising-tier adoption and content spending plans in the quarters ahead.