Dow, S&P 500, Nasdaq Futures Surge on Extended US-Iran Ceasefire
US stock futures rose after Trump extended the US–Iran ceasefire, easing fears of immediate escalation. S&P 500, Nasdaq 100, and Dow futures all gained, recovering from a weak Wall Street session driven by geopolitical uncertainty. However, tensions remain, with no US or Iran delegation arriving in Pakistan for potential mediation talks, raising doubts over diplomatic progress. Oil prices fell, with Brent near $98 and WTI around $88. Markets also await key earnings from Tesla, AT&T, and Boeing.
Dow, S&P 500, Nasdaq Futures Surge on Extended US-Iran Ceasefire
US stock futures moved higher Wednesday morning after former President Donald Trump announced an extension of the current ceasefire between the United States and Iran, easing concerns over an immediate escalation in geopolitical tensions.
Contracts tied to the S&P 500 rose 0.6%, while futures on the Nasdaq 100 advanced 0.8%. Futures linked to the Dow Jones Industrial Average also gained around 0.5%.
The rebound comes after a weaker Wall Street session, where all three major indexes closed in the red amid rising uncertainty over whether Washington and Tehran could agree on a longer-term framework before the ceasefire deadline. That hesitation had earlier weighed on the S&P 500, Nasdaq Composite, and Dow, reflecting growing sensitivity to geopolitical risk.
The ceasefire extension has introduced a temporary stabilizing factor, but diplomatic conditions remain fragile. Trump described dealing with a “seriously fractured” Iranian leadership, while Iranian officials reportedly dismissed negotiations as “a waste of time,” citing lack of progress on previous commitments.
Adding to the uncertainty, no official delegation from either the United States or Iran has arrived in Pakistan, despite earlier expectations that Islamabad could play a mediating or facilitation role in indirect ceasefire discussions. The absence of ground-level diplomatic engagement has reinforced doubts about how durable the current pause in tensions may be.
In commodities, oil prices retreated on easing risk sentiment. Brent Crude fell to just below $98 per barrel, while West Texas Intermediate slipped toward $88, reversing recent gains driven by supply disruption fears.
Attention also shifted back to monetary policy after a Senate hearing featuring Fed nominee Kevin Warsh, who rejected claims he would act as a political proxy, stating he would not be a “sock puppet” for the president when questioned about his independence.
On the corporate front, investors are now focused on a heavy earnings calendar, with major updates expected from Tesla, AT&T, and Boeing, adding another layer of volatility to an already sensitive market backdrop.