U.S. stock futures steady on Thursday late night despite Donald Trump’s announcement that Israel and Lebanon have reached a 10-day ceasefire agreement. Futures on the Dow Jones Industrial Average (DJIA) and the S&P 500 Index were up a modest 0.15% and 0.05%, respectively, while the Nasdaq 100 (NDX) futures were down 0.07% at 12:15 a.m. EDT on April 17.
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New trading tool for QQQ bullsAt the time of writing, the international oil benchmark Brent (CM:BZ) fell 1.25% to $98.15 per barrel, while West Texas Intermediate (WTI) crude (CM:CL) slipped 1.31% to $93.47 per barrel.
In the regular trading session, major stock indices closed higher, with the S&P 500 and Nasdaq Composite both setting fresh records. The Nasdaq, S&P 500, and Dow rose 0.4%, 0.3%, and 0.2%, respectively. Meanwhile, the S&P 500 Index (SPX) achieved its first-ever close above 7,000 during the regular session, wiping out its losses from the Iran war and moving higher after Donald Trump said Israel and Lebanon had agreed to a ceasefire.
Streaming giant Netflix (NFLX) reported first-quarter results after the bell Thursday, but investors focused on its weak second-quarter outlook. The stock fell more than 9% in extended trading despite an earnings beat. The company also said co-founder and chairman Reed Hastings will step down from the board in June.
Looking ahead, Ally Financial (ALLY), Truist Financial (TFC), State Street (STT), Autoliv (ALV), and Regions Financial (RF) are scheduled to report quarterly numbers tomorrow.