US stock futures rose on Wednesday after President Donald Trump extended the existing ceasefire with Iran, easing fears of a deeper conflict in the Middle East. Dow and S&P 500 futures each gained about 0.4%, while Nasdaq 100 futures advanced 0.5%.
Despite the extended ceasefire, the US blockade on Iranian vessels remains in place, as plans for a second round of US–Iran peace talks have collapsed. Reports indicated that Vice President JD Vance canceled a planned trip to Islamabad for negotiations after Tehran notified Washington, via Pakistan, that it would not take part in the meeting.
In regular trading on Tuesday, the Dow Jones Industrial Average and the Nasdaq Composite each slipped 0.59%, and the S&P 500 lost 0.63%. Ten of the 11 S&P 500 sectors finished lower, with real estate, utilities, and industrials posting the steepest declines.
Attention now turns to another wave of corporate earnings, with Tesla, AT&T, Boeing, GE Vernova, and CME Group all scheduled to report results on Wednesday.
