US Stock Futures Ease After Wall Street Rally
2026-03-31 23:29
By
Farida Husna
1 min. read
US stock futures edged lower on Wednesday, pausing after a strong Wall Street rally in the prior session driven by hopes of easing tensions in the Middle East.
President Trump said he believes the Iran conflict may not last “much longer” and that the Strait of Hormuz would reopen “automatically” once US forces withdraw.
However, Iran’s Foreign Minister Abbas Araghchi pushed back, stating Tehran is not seeking a ceasefire but a full end to the war, including guarantees against future attacks and compensation for damages, highlighting ongoing uncertainty.
On the data front, US house prices rose 0.1% mom in January, with annual gains remaining subdued.
Among stocks, Nvidia jumped over 5.6% after unveiling a USD 2 billion investment in Marvell Technology to expand AI infrastructure via NVLink Fusion.
Meanwhile, Microsoft, despite a 3.1% rebound Tuesday, logged its worst quarterly performance since the 2008 financial crisis, with shares down 23% for Q1.