U.S. stock futures were steady on Wednesday evening after a powerful rally earlier in the day, fueled by news of a ceasefire between the U.S. and Iran. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.09%, 0.03%, and 0.06%, respectively, at 6:22 p.m. EDT on April 8.
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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 jumped 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.