Dow, S&P 500, Nasdaq Futures Mixed Amid Israel-Lebanon Ceasefire Extension, Iran Peace Deal Uncertainty: INTC, AMD, SKLZ, ROLR Stocks In Focus

• Meanwhile, relations between the U.S. and Iran are still tense after Trump said earlier in the day that he had ordered the U.S. Navy to take down any ships laying mines in the Strait of Hormuz.
• The Dow Jones futures were down 0.09%, but the S&P 500 futures were up 0.19%, and the Nasdaq 100 futures climbed 0.70% at the time of writing. 
• Markets are also tuned into corporate earnings, even as the iShares Semiconductor ETF ended Thursday 2.14% higher.

U.S. stock futures were mixed in Thursday’s overnight trading session after President Donald Trump announced that Israel and Lebanon would extend the ceasefire, while uncertainty over a deal with Iran still persisted.  

Dow Jones futures were down 0.09%, but S&P 500 futures were up 0.19%, and Nasdaq 100 futures climbed 0.70% as of 9.04 p.m ET.  

Among the ETFs tracking the benchmark indexes, the SPDR S&P 500 ETF (SPY), Invesco QQQ Trust (QQQ), and SPDR Dow Jones Industrial Average ETF Trust (DIA), were all gaining overnight. Meanwhile, retail sentiment on Stocktwits for SPY was in the ‘bullish’ territory, while that of QQQ and DIA was in the ‘neutral’ territory at the time of writing.

How Did US Markets Fare On Thursday?

All three indexes closed down on Thursday amid uncertainty over the U.S. and Iran’s peace deal. The Dow Jones Industrial Average closed down 0.36%, the S&P 500 was down 0.41% at close, and the Nasdaq Composite lost more than 200 points, ending the session 0.89% lower.

US Market Drivers

Trump’s announcement of a three-week extension to the ceasefire between Israel and Lebanon lifted market spirits late Thursday. The president posted the update to Truth Social after a meeting at the White House with top officials.

“The President of the United States, DONALD J. TRUMP, Vice President of the United States, JD Vance, Secretary of State, Marco Rubio, Ambassador to Israel, Mike Huckabee, and Ambassador to Lebanon, Michel Issa, met today with High Ranking Representatives of Israel and Lebanon in the Oval Office. The Meeting went very well!” Trump said in the post.

“The United States is going to work with Lebanon in order to help it protect itself from Hezbollah. The Ceasefire between Israel and Lebanon will be extended by THREE WEEKS. I look forward in the near future to hosting the Prime Minister of Israel, Bibi Netanyahu, and the President of Lebanon, Joseph Aoun,” he added.

Meanwhile, relations between the U.S. and Iran are still tense after Trump said earlier in the day that he had ordered the U.S. Navy to take down any ships laying mines in the Strait of Hormuz. “I have ordered the United States Navy to shoot and kill any boat, small boats though they may be (Their naval ships are ALL, 159 of them, at the bottom of the sea!), that is putting mines in the waters of the Strait of Hormuz. There is to be no hesitation,” he said in a post.

Markets are also tuned into corporate earnings as technology and chip stocks post higher returns. The iShares Semiconductor ETF (SOXX) has been trading up for 17 straight sessions, ending Thursday 2.14% higher.

Trending Stocks To Watch

Intel Corp. (INTC): Intel stock rallied in Thursday’s overnight session, soaring by over 22% after the chipmaker posted quarterly results that zoomed past Street expectations.

Advanced Micro Devices Inc. (AMD): The chipmaker drew strong retail interest as its shares surged over 8% overnight, fueled by an after-hours semiconductor rally and capital rotation into secondary chip names following Intel’s earnings beat.

Skillz Inc. (SKLZ): The gaming platform soared by more than 238% on Thursday after it won a $420 million lawsuit against rival Papaya Gaming. However, the stock pulled back about 30% after-hours.

High Roller Technologies Inc. (ROLR): Another gaming company, High Roller, was on retailers’ radar amid announcements of a new strategic marketing partnership agreement with Leverage Game Media that would aid the launch of a prediction markets product in the U.S.

Broader Market Trends

Meanwhile, oil futures gained in Thursday’s overnight trading. Brent crude futures expiring in June edged 1.37% higher to $106.40 a barrel, while WTI crude futures expiring in May gained 1.19% to $96.99 a barrel at the time of writing.

Treasury yields on the benchmark 10-year were at 44.33%, while gold traded around $4,708.48 an ounce.

Asian markets opened mixed on Friday, with KOSPI and Nikkei 225 trading higher, while the Hang Seng index was down. Australian stocks also dipped lower at the open.

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