Nasdaq Futures indicated an upward trajectory as the final trading day of a notably strong week for major indexes approached. The benchmark S&P 500 and the tech-focused Nasdaq Composite had recently experienced consecutive sessions in which they achieved both intraday and closing records. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 exhibited increases of 0.4%, 0.2%, and 0.2%, respectively, in the latest trading session.

The Nasdaq Composite, S&P 500, and Dow concluded Friday with respective weekly gains of 5.2%, 3.3%, and 1.4%, as investor sentiment remains buoyed by prospects for a resolution to the ongoing conflict in the Middle East, with the Nasdaq achieving a 12th consecutive session of gains. All three indexes appear set to conclude the week on a positive note for the third consecutive time. Following the implementation of a 10-day ceasefire between Israel and Lebanon at 5 p.m. yesterday, alongside President Donald Trump’s assertion that the U.S. was “very close to making a deal” with Iran, oil prices experienced a decline on Friday. West Texas Intermediate futures, the U.S. crude oil benchmark, declined approximately 4% to $91 a barrel, whereas Brent crude futures, the global benchmark, retracted 3% to $96.40.

The U.S. dollar index, which monitors the value of the greenback relative to a selection of foreign currencies, decreased by 0.1% to 98.11. The 10-year Treasury yield, a key determinant of interest rates on mortgages and various consumer loans, decreased to 4.30% from the previous day’s closing figure of 4.32%. Bitcoin was trading at approximately $75,800, an increase from the day’s low of about $74,600. Gold futures increased by 0.1%, reaching a price of $4,815 per ounce. In corporate news, shares of Netflix sank 10% in premarket trading following the streaming giant’s issuance of a weaker-than-expected revenue forecast and the announcement that co-founder and chairman Reed Hastings would be stepping down from the board in June.

Oracle shares, which rose 29% in the first four sessions this week, were up a further 1.7% before the bell. Shares of all the Magnificent Seven tech giants experienced an uptick before the bell, with Microsoft leading the charge with an approximate 1% increase. Yesterday, the seven stocks concluded the trading session predominantly in the red, with Microsoft standing out by achieving a gain of 2.2%.