Extracted Insight

  • US stock futures were largely unchanged on Wednesday evening after Wall Street’s record‑setting rally, with S&P 500 futures up 0.1% to 7,545.20, Nasdaq 100 futures flat at 30,048.75, and Dow Jones futures up 0.1% to 50,772.0.
  • All three major indexes closed at record highs in the regular session.
  • Market sentiment was tempered by ongoing U.S.–Iran peace‑negotiation talks, fresh U.S. military strikes on an Iranian site, and uncertainty over the reopening of the Strait of Hormuz.
  • Oil prices rebounded in Asian trading, with U.S. crude gaining 2% after a prior 5% drop.
  • Traders are awaiting the U.S. Personal Consumption Expenditures (PCE) price index release later Thursday; analysts forecast a 0.5% month‑on‑month rise in headline PCE and a 0.3% increase in core PCE.
  • A hotter‑than‑expected PCE reading could reinforce expectations that the Federal Reserve will keep interest rates elevated for longer.
  • Treasury yields steadied, with the benchmark 10‑year yield hovering near 4.5% after retreating from recent highs.