Wall Street Set To Extend Rally As Trump Says Iran War May End 'Pretty Soon'— Netflix, State Street, Truist In Focus

U.S. stock futures moved higher early Friday, as investors built on recent optimism that tensions in the Middle East may be easing.President Donald Trump said the Iran war "should be ending pretty soon," describing developments as "going along swimmingly" during remarks in Las Vegas on Thursday. The comments followed the announcement of a temporary ceasefire between Israel and Lebanon.Recent optimism around a potential peace deal has lifted equities, putting all three major indexes on track for weekly gains. The Dow is up about 1.4%, while the S&P 500 and Nasdaq have advanced roughly 3.3% and 5.2%, respectively.Investors will also watch earnings from financial firms on Friday, including State Street (NYSE:STT), Truist Financial Corp (NYSE:TFC) and Fifth Third Bancorp (NYSE:FITB).Meanwhile, the 10-year Treasury bond yielded 4.305%, and the two-year bond was at 3.773%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket trading on Thursday. The SPY was up 0.57% at $705.64, while the QQQ gained 0.62% to $644.41.------------------------------------------------------------------------------------🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.📲 Follow us on socials @benzinga------------------------------------------------------------------------------------⚠️ Disclaimer:Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.