US Futures Hold Near Records

2026-05-07 11:34 By Andre Joaquim 1 min. read

US equity futures were muted on Thursday, holding the sharp gains from the previous two sessions amid strong corporate earnings while markets awaited for clarity on energy supply from the Middle East.

Contracts for the S&P 500 and the Nasdaq 100 were flat near their records, and the Dow was steady at 100 points away from its record in February.

Iran continued to assess the memorandum sent by the US to end their war and restore tanker flows through the Strait of Hormuz.

The possibility of a restart in energy flows from the area drove prices for major energy commodities to tumble in the week, aiding the bond market and pushing back against expectations of rate hikes by the Fed.

McDonald's was 3% higher premarket after posting strong earnings, aligned with the optimistic guidance by DoorDash.

Also, Fortinet gained 15% after its report.

Meanwhile, chip stocks were muted following their surge yesterday, with AMD flat after its guidance-fueled 19% surge last session.



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US Futures Hold Near Records
US equity futures were muted on Thursday, holding the sharp gains from the previous two sessions amid strong corporate earnings while markets awaited for clarity on energy supply from the Middle East. Contracts for the S&P 500 and the Nasdaq 100 were flat near their records, and the Dow was steady at 100 points away from its record in February. Iran continued to assess the memorandum sent by the US to end their war and restore tanker flows through the Strait of Hormuz. The possibility of a restart in energy flows from the area drove prices for major energy commodities to tumble in the week, aiding the bond market and pushing back against expectations of rate hikes by the Fed. McDonald's was 3% higher premarket after posting strong earnings, aligned with the optimistic guidance by DoorDash. Also, Fortinet gained 15% after its report. Meanwhile, chip stocks were muted following their surge yesterday, with AMD flat after its guidance-fueled 19% surge last session.
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