Nasdaq futures experienced a modest increase on Thursday, following the previous day’s achievement where both the benchmark S&P 500 and the tech-centric Nasdaq Composite established new intraday and closing records. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average exhibited increases of 0.3%, 0.1%, and 0.1%, respectively, in the latest trading session. This week, equities have predominantly rallied as market participants express optimism regarding a potential peace agreement between the U.S. and Iran to resolve their seven-week conflict.

Yesterday, the S&P 500 achieved a new intraday record of 7026.24, closing above 7000 for the first time. Meanwhile, the Nasdaq reached an all-time high of 24020.86, concluding above 24000 for the first time, marking its 11th consecutive session in positive territory. The blue-chip Dow concluded the trading session with a decline of 0.2%. Oil prices experienced an uptick early Thursday, influenced by a U.S. blockade of the Strait of Hormuz, yet they continue to trade below the $100 per barrel threshold. West Texas Intermediate futures, the U.S. crude oil benchmark, experienced an increase of 1.1%, reaching $92.35 per barrel, whereas Brent crude futures, the global benchmark, rose by 1.3% to $96.20.

The U.S. dollar index, which monitors the value of the greenback relative to a selection of foreign currencies, increased by 0.1% to 98.19. The 10-year Treasury yield, a key determinant of interest rates on mortgages and various consumer loans, decreased to approximately 4.28%, down from the previous day’s closing level of around 4.29%. Bitcoin was trading at approximately 74,700, a decline from the day’s peak of about 75,400. Gold futures experienced an increase of 0.2%, reaching a price of $4,835 per ounce.

Shares of the Magnificent Seven tech giants, which all closed higher yesterday, with the exception of Amazon, indicated a predominantly positive trend before the market opened. Tesla, one of the S&P 500’s top performers Wednesday with a 7.6% surge, was up around 1%. In the aftermath of earnings announcements, U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. experienced a decline of 1%, while PepsiCo’s stock saw a modest decrease of 0.2%. Netflix stock ticked 0.2% lower ahead of its results after the bell.