US Futures Hold Gains
2026-03-13 12:58
By
Andre Joaquim
1 min. read
US equity futures rose on Friday, trimming the decline from yesterday that pressured indices to their lowest since November as markets continued to gauge the impact of the recent surge in global energy prices on margins and interest rates.
The three main averages were 0.4% higher.
Defiant rhetoric between Iran and the US maintained the risk that energy exports from the Persian Gulf will remain halted in the near future.
Oil prices held their surge despite signals of the IEA's coordinated stockpile release and the US decision to ease sanctions on Russia.
Yields remained sharply higher since the start of the month despite fresh data showing that the US GDP was firmly lower than expected in Q4, pressuring credit-sensitive equities.
Chip giants were higher to hold their outperformance this week on optimistic results from Oracle and TSMC.
Also, asset managers were mostly higher premarket following their plunges yesterday as Morgan Stanley capped redemptions on private credit funds.