US equity futures stalled after a seven-day rally as investors assessed whether a fragile Washington–Tehran truce can hold, while oil headed for its biggest weekly drop in nine months. S&P 500 and Nasdaq 100 futures were flat, though both indexes remain on strong weekly gains. Markets were lifted by a two-week ceasefire that drove equities higher and oil lower. Traders now seek signs of lasting de-escalation. President Donald Trump said he is “optimistic,” while warning Tehran over Strait of Hor

US equity futures stalled after a seven-day rally as investors assessed whether a fragile Washington–Tehran truce can hold, while oil headed for its biggest weekly drop in nine months. S&P 500 and Nasdaq 100 futures were flat, though both indexes remain on strong weekly gains. Markets were lifted by a two-week ceasefire that drove equities higher and oil lower. Traders now seek signs of lasting de-escalation. President Donald Trump said he is “optimistic,” while warning Tehran over Strait of Hormuz fees.