US stock market today: S&P 500, Nasdaq futures recover as investors digest hawkish Fed signals; crude extends fall

US stock futures point to a positive Wall Street open after the previous session's sell-off, as investors digest hawkish signals from Fed officials indicating potential interest rate hikes amid persistent inflation concerns. Crude oil prices extended their decline, supported by an interim US-Iran agreement that raised supply-side optimism. The mixed global cues carry implications for Indian equities, currency, and crude-sensitive sectors like OMCs and paints.