By Preeti Ayyathurai
Publication Date: 2026-05-29 08:50:00
U.S. stock futures weakened after the S&P 500 closed at a new all-time high on Thursday, as investors digested uncertainty surrounding ceasefire negotiations in Iran.
Dell Technologies rose after reporting explosive growth in artificial intelligence servers, while space stocks became volatile following a Blue Origin rocket explosion and new questions about the valuation of SpaceX’s initial public offering.
Investors will also be keeping an eye on Chicago PMI data and multiple speeches from the Federal Reserve ahead of the weekend.
U.S. stock futures rose slightly in early trading Friday as investors digested the proposed tentative extension of the 60-day ceasefire between the United States and Iran. Reports indicate that while Iran agreed to certain terms, which included clearing mines from the Strait of Hormuz to ensure unrestricted shipping, the deal still awaits final approval from President Donald Trump, who is reportedly mulling over the decision.
At 4:00 a.m. ET on Friday: S&P 500 and Dow futures rose 0.1%, and Nasdaq futures…
