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US stock futures fell on Thursday, backing off from a powerful rally driven by the US-Iran truce as the one-day-old ceasefire appeared increasingly fragile ahead of planned talks.
US stock futures surged on Wednesday, while oil prices cratered amid relief after the US and Iran agreed to a two-week ceasefire that could lead to a reopening of the Strait of Hormuz to shipping.
US stock futures climbed as oil prices fell on Monday amid cautious hopes for a de-escalation in Middle East hostilities, with focus still fixed on the US-Iran war as the market's main catalyst.
US stock futures slumped Thursday morning after a national address from Trump failed to provide a certain end to the US-Israeli war in Iran.
US stock futures made gains Wednesday following a powerful rally across Wall Street to wrap up Q1, while investors weighed remarks from Trump that indicate he may be winding down hostilities against Iran.
US stock futures rose into Tuesday after President Trump reportedly told administration officials that he would be to willing to end the war in Iran without a full reopening the Strait of Hormuz.