Updated 1 min read
US stock futures inched up Wednesday night after a strong session that pushed the S&P 500 over 7000 for the first time.
Futures linked to the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) hovered above the baseline, while Dow Jones Industrial Average futures (YM=F) edged higher by about 0.1%.
Earlier in the day, momentum remained firmly with equities. The S&P 500 (^GSPC) climbed 0.8% to notch a new record, while the Nasdaq Composite (^IXIC) surged 1.6%, extending its winning streak to 11 consecutive sessions. In contrast, the Dow (^DJI) slipped slightly, falling 0.2% as gains in technology shares outpaced the broader market.
Recent strength has been fueled as a divide grows between Wall Street fiscal hopes and the economic reality of the US at war. Markets pumped after President Donald Trump suggested that tensions with Iran could soon de-escalate, signaling that a potential agreement may be within reach.
Looking ahead, investors are turning their attention to a fresh batch of corporate earnings. Companies including Netflix (NFLX), PepsiCo (PEP), and Charles Schwab (SCHW) are scheduled to report Thursday.
On the economic front, market participants will be monitoring weekly jobless claims along with updates on capacity utilization and industrial production for March.
Coming soon
Stock market coverage for Thursday, April 16, 2026.
