(Editor’s note: The futures, ETFs data, earnings and headline were updated.)
U.S. stock futures rose on Wednesday following Tuesday’s decline. Futures of major benchmark indices were higher after President Donald Trump extended the Iran ceasefire.
On Tuesday, the Dow Jones index closed about 293 points lower after President Trump initially said that there would not be an extension to the Iran ceasefire and that Iranian negotiators have no choice but to come to an agreement.
Meanwhile, the 10-year Treasury bond yields stood at 4.286%, and the two-year bond was at 3.766% at the time of writing. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in April.
| Index | Performance (+/-) |
| Dow Jones | 0.63% |
| S&P 500 | 0.62% |
| Nasdaq 100 | 0.79% |
| Russell 2000 | 0.88% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.58% at $708.19, while the QQQ surged 0.69% to $648.79.
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