Traders work on the floor of the New York Stock Exchange.
NYSE
U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session.
S&P 500 futures and Nasdaq 100 futures were each up 0.1%. Futures tied to the Dow Jones Industrial Average rose by 59 points, or 0.1%.
In the regular session, the S&P 500 and tech-heavy Nasdaq rose to new all-time highs and closed at new records. The broad market index advanced 0.80%, while the Nasdaq Composite gained 1.59% to post its 11th straight gain in a row. The blue-chip Dow bucked the trend, losing 72.27 points, or 0.15%.
Stocks have risen in recent days on the possibility of a peace deal between the U.S. and Iran. President Donald Trump said in a Fox Business interview that aired on Wednesday that the Iran war is “very close to over,” claiming once again that Tehran wants to “make a deal very badly.”
A White House official told CNBC on Tuesday that a second round of negotiations between Washington and Iran is under discussion. Nothing has been officially scheduled yet, according to the official, who asked not to be named to discuss the administration’s internal plans.
On Monday, the S&P 500 wiped out all of its losses since the beginning of the Iran war.
“We’re basically back to where we were in late February in terms of the sentiment indicators and the valuation,” Tim Hayes, chief global investment strategist at Ned Davis Research, said on CNBC’s “Closing Bell: Overtime” on Wednesday. “If we’re going to continue higher, I think we are going to have to have a broadening out here and not be just about the Nasdaq.”
But Hayes also took on a cautionary tone, noting that investors may be too quick to jump into a market rally.
“I’d be a little cautious right now. I don’t think this is time to jump back in,” he added. “There’s a sort of a quick return to a lot of these stocks, but does it follow through? Does it broaden out? That remains to be seen.”
PepsiCo, Travelers, U.S. Bancorp, Abbott Labs and Charles Schwab are among the companies set to report earnings before Thursday’s opening bell. Traders will also watch out for weekly jobless claims, as well as March’s capacity utilization and industrial production numbers.
Stocks making the biggest moves after the bell: PPG Industries, J.B. Hunt Transport Services and more
These are the stocks moving the most in extended hours trading:
PPG Industries — The paint and coating manufacturing company advanced 6% after announcing a global price increase of up to 20% across its portfolio. The company said that the price hike was already in progress. PPG cited volatility in the petrochemical, energy and transportation markets driving up costs in raw materials and packaging across its value chain as a catalyst for these price increases.
J.B. Hunt Transport Services — The transportation stock added 1% after posting first-quarter earnings of $1.49 per share, beating the $1.44 per share FactSet consensus estimate. J.B. Hunt’s operating revenue of $3.06 billion also exceeded the expected $2.96 billion.
SL Green Realty — Shares fell about 2% after the real estate investment trust reported first-quarter funds from operations of 84 cents per share, compared to $1.40 per share this time last year. Its net rental revenue of roughly $166 million exceeded the $144.5 million the firm reported in the first quarter of 2025, however.
Ford Motor — The automaker were little changed after announcing that Doug Field, its head of electric vehicles and software, will be leaving the company amid efforts to restructure Ford’s executives and operations.
— Lisa Kailai Han
Ford EV leader leaves automaker as company restructures executives and operations
On Wednesday, Ford Motor announced that Doug Field, its head of electric vehicles and software, will be leaving the automaker following efforts to restructure its executives and operations.
Specifically, the company said that Field “elected to leave the company after a transition over the next month.” While a release announcing the move mentioned a “next chapter” for the executive, Field declined to disclose specific next plans on a Wednesday media call.
While announcing Field’s departure, Ford also unveiled a new executive structure that includes the establishment of a “Product Creation and Industrialization” organization, to be led by current Ford Chief Operating Officer Kumar Galhotra.
Read the full story from CNBC’s Michael Wayland here.
— Lisa Kailai Han
Stock futures are little changed
Stock futures opened little changed on Wednesday night.
Shortly after 6 p.m. ET, futures tied to all three major indexes traded around the flatline.
— Lisa Kailai Han
