US Futures Hold Upswing
2026-03-25 11:58
By
Andre Joaquim
1 min. read
Futures tracking US equities were sharply higher on Wednesday, extending the rebound this week amid signs that US officials are aiming to de-escalate their conflict against Iran.
Contracts for the three main indices were over 1% higher.
Energy commodities trimmed their surge from this month and Treasuries rebounded on reports that Washington drafted a plan to halt fighting in the Middle East, supporting a softer outlook for inflation despite Iran's hawkish response.
The pullback in benchmark bond yields supported risk bidding in Wall Street, with pre-market gains noted in all sectors but energy producers.
Asset managers were sharply higher as traders reassessed risks from the wave of recent redemption requests on flagship private equity funds, with Apollo, Ares, and KKR adding 1.5% shortly.
In the meantime, Merck was slightly higher after agreeing to buy Terns Pharmaceuticals for $6.7 billion.