Stock market today: Dow, S&P 500, Nasdaq futures hold steady after Israel and Lebanon announce three-week ceasefire extension

US stock futures held steady Thursday evening, with President Trump’s announcement of a three-week extension of the ceasefire between Israel and Lebanon doing little to move the needle.

Futures tracking the S&P 500 (ES=F) were little changed, Nasdaq 100 futures (NQ=F) edged 0.4% higher, and Dow futures (YM=F) slipped down about 0.1%.

Earlier in the session, markets had briefly pushed to fresh intraday highs before reversing course. The S&P 500 (^GSPC) ended down while the Nasdaq Composite (^IXIC) dropped its sharpest one-day decline in nearly a month. The Dow Jones Industrial Average (^DJI) also closed lower.

Markets were unmoved by Trump’s comments that progress had been made between Israel and Lebanon, culminating in a three-week ceasefire extension. Despite the fragile truce, investors remain sensitive to headlines from the region. In an aggressive step-up, Trump ordered the US Navy to “shoot and kill any boat” laying mines in the Strait of Hormuz.

In after-hours trading, Intel (INTC) surged, jumping roughly 15% after delivering stronger-than-expected first-quarter results and issuing an optimistic outlook for the current quarter.

Despite Intel’s advance, the tech sector in general has taken a beating over recent days with IBM (IBM), Tesla (TSLA), and ServiceNow (NOW) recording drops in stock price after earnings reports. Meta (META) and Microsoft (MSFT) have also now joined the list of companies making job cuts to offset mammoth capital expenditure in AI development.

Looking ahead, Procter & Gamble (PG), HCA Healthcare (HCA), and Norfolk Southern (NSC) highlight Friday’s earnings releases. Investors will also be watching the final April reading of the University of Michigan consumer sentiment index.