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US STOCKS-Wall Street futures hold steady with earnings in focus
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US STOCKS-Wall Street futures hold steady with earnings in focus
Apr 15, 2026 5:06 AM

* Futures: Dow and Nasdaq down 0.09% each, S&P 500 down

0.07%

* Bank of America ( BAC ), Morgan Stanley ( MS ) up 1.2% each after

results

* Broadcom ( AVGO ) up 2.8% after Meta extends chip deal

(Updates prices throughout and details)

By Niket Nishant and Utkarsh Hathi

April 15 (Reuters) - U.S. stock index futures were

little changed on Wednesday, as investors assessed developments

in the Middle East and a raft of corporate earnings while

looking ahead for remarks from Federal Reserve officials.

Equities have found support this week on hopes that

Washington and Tehran could return to the negotiating table to

end the war, even as the U.S. military maintains a blockade of

Iranian ports.

The resilience suggests that war-weary investors are ready

to rotate into risk assets at the slightest indication of a

de-escalation.

The benchmark S&P 500 index is nearing its first

intraday record high since the conflict erupted.

At 06:53 a.m. ET, Dow E-minis were down 42 points,

or 0.09%, S&P 500 E-minis were down 5 points, or

0.07%, while Nasdaq 100 E-minis were down 22.75 points,

or 0.09%.

BANK RESULTS IN SPOTLIGHT

Another packed day for corporate earnings will be in focus

as investors look for signs of how companies are navigating the

impact of the war.

Bank of America ( BAC ) shares rose 1.2% in premarket

trading, after the second-biggest U.S. lender reported growth in

its first-quarter profit as volatility in global markets lifted

trading activity.

Wall Street heavyweight Morgan Stanley's ( MS ) shares also

added 1.2% after it reported a jump in first-quarter profit.

So far this week, banks have said U.S. consumers are

financially healthy and that pipelines for initial public

offerings and deals should remain robust unless the conflict

drags on for much longer.

Some analysts, however, have warned that as stocks climb,

they may become more vulnerable to sharp reversals if

developments in the Middle East do not match the optimistic

assumptions many are pricing in.

"U.S. equities appear to be looking through risks still

being priced in commodity markets," BofA Global Research

analysts wrote.

"With the ceasefire appearing fragile and signs of stress in

commodity markets still evident, the equity retracement appears

to be looking through the risks of re-escalation."

Oil prices gained slightly on Wednesday, remaining 31% above

pre-war levels.

The International Monetary Fund cut its outlook for global

growth on Tuesday, citing the war-driven energy price spikes,

and warned that an extended conflict could push the world to the

brink of a recession.

Traders will also tune in to the remarks from Federal

Reserve Governor Michael Barr and Fed Vice Chair for Supervision

Michelle ​Bowman later in the day.

Among other stock movers, Nike ( NKE ) rose 2.2% after CEO

Elliott Hill bought additional stock in the company.

Broadcom ( AVGO ) advanced 2.8% after Meta extended

its custom chips deal with the firm.

Social media company Snap's shares rose nearly 7%

after it said it would lay off about 1,000 employees.

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