(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.)
U.S. stock futures shed earlier losses to advance on Friday morning, following Thursday’s record advances following mega-cap earnings.
Meanwhile, the Donald Trump administration leveraged the three-week-old ceasefire to avoid a congressional 60-day deadline under the War Powers Resolution to withdraw troops from Iran.
Meanwhile, the 10-year Treasury bond yielded 4.39%, and the two-year bond was at 3.89%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
| Index | Performance (+/-) |
| Dow Jones | 0.43% |
| S&P 500 | 0.30% |
| Nasdaq 100 | 0.01% |
| Russell 2000 | 0.24% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.37% at $721.32, while the QQQ advanced 0.12% to $668.53.
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