US Futures Retreat Following Record Rally

2026-04-22 23:53 By Jam Kaimo Samonte 1 min. read

US index futures pulled back on Thursday after the S&P 500 and Nasdaq Composite closed at fresh record highs in the prior session, as a lack of progress in peace efforts between the US and Iran weighed on risk sentiment.

President Donald Trump said the current truce would remain in place indefinitely as Washington awaits a new peace proposal from Iran, although Tehran has indicated it does not plan to engage in negotiations in the near term.

In regular trading on Wednesday, the S&P 500 and Nasdaq Composite advanced 1.05% and 1.64%, respectively, while the Dow added 0.69%.

Market sentiment has been supported by a solid earnings season, with 3 out of 4 S&P 500 companies reporting so far surpassing either earnings or revenue expectations.

In extended trading, Tesla fluctuated after warning of a sharp increase in capital expenditures, while IBM and ServiceNow dropped more than 7% and 12%, respectively, following disappointing results.



News Stream
US Futures Retreat Following Record Rally
US index futures pulled back on Thursday after the S&P 500 and Nasdaq Composite closed at fresh record highs in the prior session, as a lack of progress in peace efforts between the US and Iran weighed on risk sentiment. President Donald Trump said the current truce would remain in place indefinitely as Washington awaits a new peace proposal from Iran, although Tehran has indicated it does not plan to engage in negotiations in the near term. In regular trading on Wednesday, the S&P 500 and Nasdaq Composite advanced 1.05% and 1.64%, respectively, while the Dow added 0.69%. Market sentiment has been supported by a solid earnings season, with 3 out of 4 S&P 500 companies reporting so far surpassing either earnings or revenue expectations. In extended trading, Tesla fluctuated after warning of a sharp increase in capital expenditures, while IBM and ServiceNow dropped more than 7% and 12%, respectively, following disappointing results.
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