US Futures Extend Sharp Rebound
2026-04-01 11:47
By
Andre Joaquim
1 min. read
US equity futures were firmly higher on Wednesday, extending the surge from the previous session as signs that the US and Iran could reach a deal to end the war eased stagflation concerns.
Contracts for the S&P 500, Dow, and Nasdaq 100 gained around 1%.
President Trump signaled that the US was closer to ending the war and Iranian officials stated they were ready to cease attacks should their conditions be met.
The developments pulled back the recent surge in energy commodity prices despite more attacks on tankers and infrastructure in Gulf countries, aiding a retreat in benchmark Treasury yields.
Still, some pressure on Treasuries remained as data is set to reflect a rebound in retail sales.
Tech giants rose as stronger risk sentiment coincided with bullish signs for the AI sector following OpenAI's fresh funding round, with new backing by Nvidia, Amazon, and SoftBank.
Meanwhile, Nike sank 10% on a muted guidance.