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U.S. Stock Futures Mixed after Major Rally on Hopes Iran War May End Soon

Story Highlights
  • U.S. stock futures were flat on Tuesday evening after a positive regular session.
  • Optimism over potential progress toward peace in the Middle East supported market sentiment.
U.S. Stock Futures Mixed after Major Rally on Hopes Iran War May End Soon

U.S. stock futures were mixed Tuesday evening after a strong trading session on growing optimism that the Iran war could be nearing an end. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were up 0.17% and 0.03%, respectively, at 6:58 p.m. EDT on March 31, while the Dow Jones Industrial Average (DJIA) futures were down 0.06%.

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This followed a blockbuster day for equities. The Dow, the S&P 500, and the Nasdaq jumped 2.5%, 2.9%, and 3.8%, respectively, the strongest daily performance since May for all three indices. The rally was fueled by renewed hopes of de‑escalation.

Looking ahead, the key economic reports include retail sales, ADP employment, and ISM manufacturing figures. On the earnings front, Conagra (CAG), Lamb Weston (LW), and Cal‑Maine Foods (CAL) are scheduled to report quarterly numbers tomorrow.

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