Stock futures hold steady as investors keep a close watch on the fragile U.S.–Iran ceasefire.

Stock futures were largely unchanged early Friday as traders monitored the fragile two-week ceasefire between the U.S. and Iran.

Futures tied to the S&P 500 held steady, while Nasdaq 100 futures edged up حوالي 0.15%. Dow Jones Industrial Average futures were flat.

Markets moved higher on Thursday, extending weekly gains after President Donald Trump agreed to pause military action against Iran for two weeks. The S&P 500 rose 0.62%, the Nasdaq Composite gained 0.83%, and the Dow added 275.88 points, or 0.58%, turning positive for 2026.

Oil prices eased from intraday highs, supporting equities after Israeli Prime Minister Benjamin Netanyahu signaled readiness to begin negotiations with Lebanon soon. Meanwhile, Iran’s parliamentary speaker Mohammad Bagher Ghalibaf accused Israel of breaching the ceasefire through continued strikes on Lebanon.

Earlier in the week, Trump granted Iran a two-week extension to reopen the Strait of Hormuz, a key global energy route that has remained shut amid the five-week Middle East conflict.

Stocks rallied sharply on Wednesday following the ceasefire announcement, with all three major indexes jumping over 2%. The Dow recorded its strongest performance since April 2025.

Major averages are on track for strong weekly gains. The S&P 500 is up nearly 3.7% so far this week, heading for its best performance since November. The Dow has climbed 3.6%, while the Nasdaq is set to advance 4.3%.

On the economic front, investors are focused on the upcoming March consumer price index (CPI) report. Economists surveyed by Dow Jones expect a 0.9% monthly increase and a 3.3% rise year-over-year. Data on durable goods and factory orders are also scheduled for release.