Stock market today: US stock futures steady amid hopes for a Mideast end to hostilities

2 weeks ago 10

Updated Mon, April 6, 2026 astatine 2:58 AM CDT 2 min read

US banal futures steadied arsenic lipid prices pared gains connected Monday amid cautious hopes for a de-escalation successful Middle East hostilities, with absorption inactive fixed connected the US-Iran warfare arsenic the market's main catalyst.

Contracts connected the S&P 500 (ES=F) traded flat, portion those connected the tech-exposed Nasdaq 100 (NQ=F) tipped 0.2% higher. Dow Jones Industrial Average (YM=F) were besides small changed.

CME - Delayed Quote USD

6,646.25 +24.00 (+0.36%)

As of 5:00:28 AM EDT. Market Open.

ES=F YM=F NQ=F

Wall Street stocks are retracing somewhat deeper overnight losses that followed renewed threats from President Trump connected Iran, for attacks to commencement Tuesday. Destruction successful the Gulf portion implicit the play besides pushed geopolitical tensions higher.

But reports of diplomatic moves revived optimism for a ceasefire and extremity to the blockade of the Strait of Hormuz, important to planetary shipping. Iran and the US person received a model program for an extremity to attacks projected by Pakistan, Reuters reported. Meanwhile, Axios reported that the 2 sides and planetary mediators are making a last-ditch propulsion for a 45-day halt successful hostilities arsenic a imaginable ground for a imperishable halt.

Amid that boost to hopes, the rally successful lipid mislaid steam aft prices roseate adjacent 3% astatine the unfastened of futures trading connected Sunday night. Brent crude futures (BZ=F) were somewhat higher astatine supra $109 per barrel, having topped $111, portion West Texas Intermediate futures (CL=F) were down to astir $110 aft crossing $115 earlier.

NY Mercantile - Delayed Quote USD

107.84 -1.19 (-1.09%)

As of 5:00:25 AM EDT. Market Open.

BZ=F CL=F ES=F

Investors connected Monday volition get their archetypal existent accidental to measurement successful connected the March jobs report, which amazed connected Friday arsenic the US system created 178,000 jobs arsenic the unemployment complaint fell to 4.3%.

Markets successful the US were closed for Good Friday to decorativeness past week. Markets successful galore countries worldwide, including the UK, Germany, France, and Australia, volition beryllium closed for Easter Monday.

In the week ahead, investors volition besides ticker for cardinal US ostentation information owed retired Friday and net results from Delta, expected connected Wednesday.

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  • Myles Udland

    Eyes connected the prize — Dan Ives says bundle sell-off overdone, says AI commercialized remains apical 2026 focus

    Noted tech bull Dan Ives is starting disconnected the week erstwhile again pounding the array that AI remains the biggest commercialized of the twelvemonth and arguing that the bundle sell-off has gone excessively far.

    From his Sunday nighttime note:

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    Markets are doing the Fed's enactment for it

    Investors came into 2026 looking for the Federal Reserve to chopped involvement rates 1 oregon 2 times.

    As the 2nd 4th kicks off, those hopes person been dashed.

    As Yahoo Finance's Jennifer Schonberger reported this weekend:

    Read Jennifer's afloat communicative here.

  • Myles Udland

    Inflation data, Delta earnings: What to cognize this week

    After a four-day trading week that some capped the extremity of the archetypal 4th and saw markets thigh the volatility from past year's "Liberation Day" surprise, the week up volition bring investors a cardinal ostentation speechmaking and the commencement of archetypal 4th net season.

    The week's cardinal economical information comes connected Friday, with the March CPI report. This study volition beryllium the archetypal large portion of economical information to prime up impacts from the US-Iran war, which has sent lipid prices surging.

    Economists expect header inflation, which includes the costs of energy, roseate 1% past month, up from a 0.3% summation successful February.

    Delta's net volition besides connection colour from an manufacture acceptable to look antagonistic impacts from the warfare connected a fig of fronts — vigor costs, user confidence, and a imaginable downturn successful planetary travel. Those results are expected retired connected Wednesday greeting earlier the marketplace opens.

  • Jake Conley

    Trump threatens Tuesday volition beryllium 'Power Plant Day, and Bridge Day' successful Iran

    At astir 8 a.m. ET connected Sunday, President Trump reiterated successful an expletive-laden station to Truth Social his menace to statesman wide bombardments of Iranian home powerfulness infrastructure and bridges passim the state arsenic his 10-day model for Iran to reopen the Strait of Hormuz nears its deadline.

    "Tuesday volition beryllium Power Plant Day, and Bridge Day, each wrapped up successful one, successful Iran," the president wrote. "There volition beryllium thing similar it!!! Open the F*****’ Strait, you brainsick bastards, oregon you’ll beryllium surviving successful Hell - JUST WATCH! Praise beryllium to Allah."

    A fewer hours later, President Trump posted to Truth Social, "Tuesday, 8:00 P.M. Eastern Time!" — seemingly the deadline for Iran to reopen the strait.

    Fox News reported soon aft the president's archetypal Truth Social station that Trump said to analogous Trey Yingst, “If they don't marque a woody and fast, I'm considering blowing everything up and taking implicit the oil."

    Last Thursday, the US subject severed a large span successful Iran — 1 of the country's flagship infrastructure projects — that connected Tehran to the concern halfway of Karaj.

    Fox News besides reported Sunday that Trump said helium believes helium volition beryllium capable to scope a woody with Iran connected Monday, earlier the president's imposed deadline expires connected Tuesday.

  • Jake Conley

    Attacks proceed successful Middle East arsenic Oman, Iran negociate Hormuz access; OPEC agrees to boost May production

    Attacks by Iran against large vigor infrastructure continued implicit the weekend, including strikes against Bahrain's BAPCO lipid refinery and the office of Kuwait's state-owned Kuwait Petroleum Corporation.

    Kuwait besides reported attacks connected respective of the country's powerfulness and desalination plants.

    In a station to X connected Saturday, an relationship reportedly adjacent to Iran's parliamentary talker Mohammad Bagher Ghalibaf — a erstwhile IRGC wide who has go a starring dependable wrong the Iranian authorities — said that if Iran "does not person a credible awesome by time of Trump reconsidering an onslaught connected Iran's infrastructure, it volition preemptively, irreversibly, and connected a monolithic standard people the Saudi energy and lipid accumulation infrastructure, arsenic good arsenic that of the Israeli regime."

    "Iran has truthful acold refrained from exercising this enactment successful bid to debar entering an 'irreversible infrastructure war' and a 'Ukrainization of the region,' but the clip for this restraint volition extremity successful the adjacent 24 hours," the relationship wrote.

    At the aforesaid time, lipid marketplace watchers digested signs of imaginable partial resumption of lipid flows done the Strait of Hormuz, the world's astir captious lipid chokepoint.

    Early Sunday morning, the overseas ministry of Oman announced that its leaders had met with Iran's overseas ministry connected Saturday and discussed "possible options for ensuring the creaseless travel of transit done the Strait of Hormuz amid the circumstances presently prevailing successful the region."

    Also connected Saturday, Iran's subject enactment said Iraqi ships would beryllium allowed to transit the Strait of Hormuz, perchance bringing astir 3 cardinal barrels per time of lipid backmost onto the market.

    The semi-official state-run Iranian Mehr News Agency quoted the Iranian president's bureau saying, "The Strait of Hormuz volition unfastened erstwhile damages resulting from the warfare are compensated from transit interest revenues."

    On Sunday, the Organization of Petroleum Exporting Countries (OPEC+) agreed to summation its monthly accumulation quota by 206,000 barrels per time successful May, the aforesaid summation the cartel's subordinate countries agreed upon for April.

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