US Futures Rally on Mideast Ceasefire
2026-04-08 00:01
By
Jam Kaimo Samonte
1 min. read
US stock futures rallied on Wednesday after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks, announcing what he called a “double-sided ceasefire”.
Dow, S&P 500 and Nasdaq 100 futures were all up by more than 2%.
Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized and implemented.
Additionally, Iran has agreed to reopen the Strait of Hormuz for two weeks provided all attacks are halted, adding that transit would need to be coordinated with Iran’s Armed Forces, while Israel has also reportedly agreed to the ceasefire.
In regular trading on Tuesday, the Dow fell 0.18%, while the S&P 500 and Nasdaq Composite gained 0.08% and 0.1%, respectively.