US Futures Inch Lower
2026-04-09 11:52
By
Andre Joaquim
1 min. read
US equity futures inched lower on Thursday, trimming the rally from the previous session as signs of fragility in the US-Iran ceasefire limited optimism over lower energy prices.
Contracts for the S&P 500, the Dow, and the Nasdaq 100 were up to 0.5% lower.
Iran officials accused the US of violating their agreement and Tehran continued to threaten vessels on standby to cross the Strait of Hormuz.
The developments marked a pivot from the US's signal that the agreement would restore oil flows from the region and pave the way toward peace, which triggered a plunge in energy prices and bond yields in the previous session.
Tech giants were lower pre-market as the recovery in risk sentiment had provided a boost yesterday, with Nvidia, AMD, and Broadcom down over 0.5%.
Minutes from the FOMC recently published confirmed that policymakers are more cautious to inflationary pressures from the war, and tomorrow's CPI print will quantify the initial impact of higher energy prices.