US equity futures fell on Thursday, reversing some of Wednesday's rally as
skepticism about the US-Iran ceasefire grew and geopolitical risks remained
high. S&P 500 futures dropped 0.3%, and Nasdaq 100 contracts slid 0.2%. Tensions
resurfaced after Iran accused parties of violating ceasefire terms, with
disagreements over its extension to Lebanon. Oil prices rebounded to $98 per
barrel amid concerns that the Strait of Hormuz remains closed, with analysts
warning that sustained high oil prices could pose longer-term risks for stocks
and inflation.
