U.S. stock futures were down ahead of Thursday’s session, losing steam after a massive rally sparked by news of a ceasefire between the U.S. and Iran, as fresh Middle East tensions raised doubts about the truce. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.16%, 0.14%, and 0.21%, respectively, at 2:45 a.m. EDT on April 9.
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Forget margin or options. Here's how the pros trade QQQIn a new report, Israel launched new strikes on Hezbollah targets, raising fears the fragile ceasefire could break down.
At the time of writing, the international oil benchmark Brent (CM:BZ) was up 2.25% at $96.88 per barrel, while West Texas Intermediate (WTI) crude (CM:CL) rose 3.16% to $97.39 per barrel.
In the regular trading session, major indices surged after President Donald Trump announced a two‑week ceasefire between the U.S. and Iran. Trump said on Truth Social that he agreed to pause planned strikes after receiving a 10‑point proposal from Tehran, a move that sent stocks sharply higher. Overall, the S&P 500 rose 2.5%, and the Nasdaq gained 2.8%. The Dow surged more than 1,300 points, 2.85%, its strongest day since April 2025.
Looking ahead, traders will turn their attention to the Core PCE Price Index, the Fed’s preferred inflation gauge, for signs of cooling price pressures. Also, the Q4 GDP estimate, initial jobless claims, and wholesale inventories are scheduled for release on Thursday.