US Stock Futures Flat as Iran Deal Hopes Lift Mood

​

May 7, 2026, brought a cautious pause to Wall Street as US stock futures traded flat following record highs fueled by optimism over possible US-Iran diplomatic progress.

Stock futures stall after Wall Street’s record-breaking rally.

Dow, S&P 500, and Nasdaq futures hovered near unchanged levels after markets surged in the previous session. Futures tied to the S&P 500 and Nasdaq 100 slipped around 0.1%, while Dow futures edged slightly lower. The S&P 500 jumped 1.5% on Wednesday, the Nasdaq Composite rallied 2%, and the Dow Jones Industrial Average climbed more than 600 points as investors embraced riskier assets.

Earnings, AI Optimism, and Labor Data Stay in Focus

Fresh corporate and labor market updates kept traders alert ahead of Thursday’s opening bell. Arm shares fluctuated in after-hours trading after concerns emerged over chip supplies discussed during its earnings call. DoorDash surged 12% after forecasting stronger second-quarter order growth. Meanwhile, reports pointing to renewed US-Iran negotiations continued supporting market confidence alongside upbeat AI-driven earnings momentum.