By George Glover

Stock futures were rising on Tuesday as investors hoped for a swift end to the war in Iran.

These stocks were making moves in premarket trading:

Occidental Petroleum was the S&P 500's worst performer ahead of the opening bell, sliding 2.6% after President Donald Trump said he expects the conflict in the Middle East to end "very soon," which sparked a drop in oil prices. Chevron and Exxon Mobil both slid 0.3%.

Hewlett Packard Enterprise added 3.2% after the IT company posted better-than-expected earnings for the fiscal first quarter and raised its outlook.

Taiwan Semiconductor Manufacturing Co. was up 1.1% after the Taiwanese chip manufacturer said its revenue rose 30% from a year ago over the first two months of 2026.

Vertex Pharmaceuticals was the S&P 500's best performer. It jumped 4.8% after Vertex said that its drug povetacicept, which treats a rare kidney disease, had met its primary objective in a late-stage trial.

Archer Aviation climbed 1.5%, BETA Technologies gained 3%, and Joby Aviation rose 5%, building on gains from the previous session. The air-taxi business got a boost late Monday after the Transportation Department unveiled selections for its pilot program for testing next-generation aircraft.

Vail Resorts slid 0.1% after the ski-resort operator cut its guidance for its current fiscal year, citing the lowest snowfall levels in more than 30 years at its resorts in Colorado and Utah.

Oracle rose 2.1% ahead of the software company's third-quarter earnings, due out after the closing bell. Wall Street analysts expect adjusted earnings per share of $1.70, up from $1.47 a year earlier, and sales growth of 20% to $16.9 billion.

BioNTech, Kohl's, NIO, and AeroVironment are also set to report earnings on Tuesday.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 10, 2026 05:55 ET (09:55 GMT)

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