tiprankstipranks
Advertisement
Advertisement

U.S. Stock Futures Flat as Traders Await Updates on U.S.-Iran Conflict

Story Highlights
  • U.S. stock futures were flat on Wednesday evening after a positive regular session.
  • All eyes are on President Donald Trump Wednesday night as he delivers a 9 p.m. ET address with an important update on Iran.
U.S. Stock Futures Flat as Traders Await Updates on U.S.-Iran Conflict

U.S. stock futures were flat on Wednesday evening as traders looked forward to updates on the U.S.-Iran war situation. President Donald Trump is set to speak at 9 p.m. ET on Wednesday, offering a significant update. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were up 0.05% and 0.02%, respectively, at 6:10 p.m. EDT on April 1, while the Dow Jones Industrial Average (DJIA) futures were down 0.02%.

Claim 30% Off TipRanks

Forget margin or options. Here's how the pros trade QQQ

In the regular trading session, major indexes kicked off Q2 with a second straight day of sharp gains on cautious optimism that the Iran war may soon end, which eased fears of a major oil supply disruption. The Nasdaq, the S&P 500, and the Dow rose 1.2%, 0.7%, and 0.5%, respectively.

It is worth noting that Thursday is the final trading day of the shortened week, with markets closed for Good Friday. Traders will be watching initial jobless claims for the week ending March 28 on Thursday morning, while the Non-Farm Payrolls report for March is scheduled for release Friday morning.

Disclaimer & DisclosureReport an Issue

1