Traders work in the S&P options pit at open of trading at the Cboe Global Markets exchange on March 04, 2026 in Chicago, Illinois. I
Stock futures were little changed Wednesday night after major averages closed higher in the previous session, as investor jitters around the U.S.-Iran war eased.
Futures tied to the Dow Jones Industrial Average lost 16 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures each rose roughly 0.1%.
Stocks rebounded in Wednesday's regular session, buoyed by gains in technology and semiconductor giants. The Dow jumped about 238 points, or 0.5%, ending a three-day losing run. The S&P 500 closed up 0.8%, while the tech-heavy Nasdaq Composite gained 1.3%.
Nvidia shares rose more than 1%. Chipmakers Broadcom, Micron Technology, Advanced Micro Devices and Intel also notched gains. Consumer staples, energy and materials were the only S&P 500 sectors that posted losses on the day.
"Things are changing around the edges. We have a geopolitical shock, obviously, and we're still parsing that in terms of how it could impact the risk premium for equities," said Bank of America Securities head of U.S. equity and quantitative strategy Savita Subramanian on CNBC's "Closing Bell: Overtime."
"But beyond that, I think what we're seeing is the tide slowly going out for some of the beneficiaries of a very low interest rate environment," she added.
Oil prices stabilized on Wednesday after this week's surge, with U.S. West Texas Intermediate crude futures settling up 0.13% and international benchmark Brent crude oil futures ending the session at the flatline.
Fears of disruption to regional oil and gas supplies subsided after President Donald Trump said on Tuesday that the U.S. is preparing to provide risk insurance and escorts to ships in the Persian Gulf in an effort to ensure traffic can move through the Strait of Hormuz. To be sure, the White House would not provide a timeline for when the strait, which is responsible for roughly 20% of the world's oil supply, will be safe for oil tankers.
Defense Secretary Pete Hegseth said Wednesday in a briefing with reporters that the U.S. is "winning decisively" in its conflict with Iran and that more forces are arriving to the region.
Separately, Treasury Secretary Scott Bessent said on Wednesday that Trump's recently announced 15% global tariff will likely go into effect this week.
Investors are awaiting earnings results due Thursday morning from retailers Kroger, Burlington and BJ's Wholesale. Costco and Marvell Technology will report results after market close.
On the economic front, weekly jobless claims are also due Thursday.
Okta, Broadcom, StubHub among stocks moving in extended trading
Check out the companies making headlines in after-hours trading.
- Okta — Okta beat Wall Street's fourth-quarter expectations, leading shares of the identity security provider to add about 2%. Okta reported adjusted earnings of 90 cents per share on $761 million in revenue, exceeding analysts' estimate of 85 cents per share in earnings and $749 million in revenue for the period, per LSEG.
- Broadcom — Shares of the heavyweight chipmaker flitted between gains and losses in the extended session. Broadcom reported strong results for its fiscal first quarter, posting revenue that grew 29% year over year. The company's adjusted earnings per share of $2.05 and revenue of $19.31 billion came out higher than analysts' expectations of $2.03 per share in earnings and $19.18 billion in revenue, per LSEG. Revenue guidance for the current quarter also surpassed estimates.
- StubHub — Shares of the secondary ticketing marketplace tumbled 6%. Fourth quarter revenue of $449 million fell short of the LSEG consensus estimate of $484 million. The company's adjusted earnings before interest, taxes, depreciation, and amortization came in at $62.7 million, roughly in line with estimates.
For the full list, read here.
