01.04.202623:25:18UTC+00U.S. Equity Futures Mixed Ahead of Trump Speech

U.S. stock futures were mixed Thursday morning following Wall Street’s extended rally on Wednesday, as traders awaited President Donald Trump’s comments on the conflict with Iran later in the day. Trump indicated the U.S. would consider a ceasefire “when the Strait of Hormuz is open, free, and clear,” and suggested that U.S. forces could withdraw from Iran within two to three weeks. Those remarks helped drive a pullback in oil prices.

In equities, technology names Western Digital and SanDisk led gainers in the S&P 500, while Boeing and Caterpillar paced advances in the Dow. SpaceX has confidentially filed for an initial public offering, according to Reuters, sending space-related stocks higher.

Thursday is the final trading session of the shortened week, with markets closed for Good Friday. Investors are watching initial jobless claims for the week ended March 28, while the March employment report is scheduled for release Friday morning.