US Futures Edge Lower on Ceasefire Concerns
2026-04-09 00:13
By
Jam Kaimo Samonte
1 min. read
US stock futures declined on Thursday as oil prices recovered modestly, with uncertainty surrounding the ceasefire agreement between Iran and the US-Israeli side weighing on sentiment.
Iranian media reported that oil tanker traffic through the Strait of Hormuz had been suspended following fresh Israeli strikes on Lebanon, while a senior Iranian official said three elements of the ceasefire proposal had already been violated.
Meanwhile, US Vice President JD Vance noted there are signs the strait could begin reopening as he leads a US delegation to Islamabad for direct talks with Iran this weekend.
In regular trading on Wednesday, the Dow surged 2.85%, the S&P 500 gained 2.51%, and the Nasdaq Composite rose 2.8% after the US and Iran agreed to a two-week ceasefire aimed at facilitating negotiations toward a potential resolution to the conflict.
Ten of the 11 S&P sectors ended higher, with industrials, communication services, and materials leading the advances.