2026.04.0111:47:38UTC+00US Futures Extend Sharp Rebound

US equity futures climbed sharply on Wednesday, extending the prior session’s rally as signs of a potential deal between the US and Iran to end the war helped ease stagflation fears. Futures on the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 were all up around 1%.

President Trump indicated that the US was moving closer to a resolution, while Iranian officials said they were prepared to halt attacks if their conditions were met. These developments helped reverse the recent spike in energy prices, despite continued assaults on tankers and infrastructure in Gulf nations, and contributed to a pullback in benchmark Treasury yields.

However, some downside pressure on Treasuries persisted ahead of data expected to show a rebound in retail sales. Tech heavyweights advanced as improved risk appetite aligned with renewed optimism over the AI sector, following a fresh funding round for OpenAI that drew new support from Nvidia, Amazon, and SoftBank. By contrast, Nike slumped 10% after issuing muted guidance.