13.03.202612:58:03UTC+00US Futures Hold Gains

US equity futures advanced on Friday, partially reversing Thursday’s losses that had dragged the major indices to their lowest levels since November, as investors continued to assess how the recent surge in global energy prices will affect profit margins and interest rates. The three main US benchmarks were up about 0.4%.

Heightened tensions between Iran and the US sustained concerns that energy exports from the Persian Gulf could remain disrupted in the near term. Oil prices held near recent highs despite indications of a coordinated stockpile release by the IEA and a US move to ease certain sanctions on Russia.

Treasury yields stayed sharply higher for the month even after new data showed US GDP growth in the fourth quarter came in well below expectations, adding pressure to credit‑sensitive stocks. Large semiconductor names traded higher, extending their recent outperformance after upbeat results from Oracle and TSMC. Asset managers were also mostly firmer in premarket trading, stabilizing after steep declines in the previous session, when Morgan Stanley moved to cap redemptions in its private credit funds.