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US stock futures edged higher on Thursday after a strong session that pushed the S&P 500 over 7,000 for the first time amid growing optimism for an extension to the Middle East ceasefire.
US stocks drifted lower before the bell on Wednesday, but kept all-time highs within reach as investors weighed President Trump’s signal of confidence that the Iran war will end soon.
US stock futures rose on Tuesday, while oil prices fell after President Trump signaled openness to further talks with Iran, stoking optimism for a long-term truce.
US stock futures traded lower on Monday, but recouped some of the losses that came after President Trump ordered a US blockade of the Strait of Hormuz following the collapse of US-Iran negotiations.
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.