US Futures Rise Following Two-Day Rally
2026-05-22 00:30
By
Jam Kaimo Samonte
1 min. read
US stock futures edged higher on Friday after the major averages climbed for two straight sessions, as oil prices moved lower on renewed hopes for a potential US-Iran agreement to end the conflict.
Reports suggested that Iran viewed the latest US proposal as partially narrowing differences between the two sides, while Secretary of State Marco Rubio said there were “some good signs” that an agreement could eventually be reached.
In regular trading on Thursday, the Dow advanced 0.55%, the S&P 500 gained 0.17%, and the Nasdaq Composite added 0.09%, marking a second straight day of gains for all three benchmarks.
Eight of the 11 S&P sectors closed in positive territory, led by utilities, consumer discretionary, and materials stocks.
The major indexes are also headed for weekly gains despite volatility earlier in the week, with the Dow up 1.53%, the S&P 500 higher by 0.5%, and the Nasdaq Composite advancing 0.26% so far.