US Stock Futures Rise on Iran Ceasefire Extension

U.S. stock futures climbed higher on Wednesday, April 22, 2026, as President Donald Trump announced an indefinite extension of the ceasefire with Iran, providing a boost to markets following sharp declines the previous day. The move, detailed in a social media statement, came after Trump had initially indicated no extension would be granted, prompting a selloff in major indices on Tuesday.

The extension appeared unilateral, with uncertainty lingering over whether Iran or U.S. ally Israel would adhere to the truce, which began two weeks earlier amid escalating tensions in the Middle East. Trump stated that the U.S. had agreed to a request from Pakistani mediators to pause attacks on Iran until its leaders could present a unified proposal for discussions. Despite the announcement, the Strait of Hormuz remained closed by Iranian actions, severely limiting shipping and contributing to persistent high energy prices. Only a handful of vessels passed through the strait in the prior day, exacerbating global supply disruptions.

In early trading, futures for the Dow Jones Industrial Average rose about 0.4 percent, the S&P 500 advanced 0.5 percent, and the Nasdaq 100 gained 0.6 percent....