U.S. stock futures declined on Friday following Thursday’s declines. Futures of the major benchmark indices were lower.
Iran warned of “zero restraint” following strikes on its energy infrastructure amid the ongoing war, while the first U.S. F-35 jet was reportedly hit by Iranian fire during a combat mission. Additionally, Iranian attacks have knocked out 17% of Qatar’s LNG export capacity, threatening $20 billion in annual losses and long-term disruptions to global energy supplies.
Also, market volatility is expected to surge today as the S&P 500 enters a “triple witching” session, a quarterly event where the simultaneous expiration of stock options, index options, and index futures has resulted in a positive session only 25% of the time over the last five years.
Meanwhile, the 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.83%. The CME Group’s FedWatch tool‘s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.
| Index | Performance (+/-) |
| Dow Jones | -0.08% |
| S&P 500 | -0.12% |
| Nasdaq 100 | -0.28% |
| Russell 2000 | -0.18% |
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 lower in premarket on Friday. The SPY was down 0.55% at $656.16, while the QQQ declined 0.48% to $590.15.
Stocks In Focus
FedEx
- FedEx Corp. (NYSE:FDX) jumped 10.43% in premarket on Friday after reporting better-than-expected third-quarter financial results and raising its FY26 adjusted EPS guidance above estimates.
- Benzinga’s Edge Stock Rankings indicate that FDX maintains a strong price trend over the short, medium, and long terms, with a solid quality score.
