US Markets Hold Steady Amid Fragile US-Iran Ceasefire

US equity futures traded flat ahead of the opening bell on Friday, reflecting a cautious stance among traders as they track the progress of a fragile ceasefire between the United States and Iran. The two-week truce comes at a critical juncture for global markets, where geopolitical stability in the Middle East remains a primary driver for energy prices and overall risk appetite. The current lack of movement in futures suggests that investors are hesitant to commit to a direction until the durability of the agreement is better established. While the ceasefire is currently holding, the fragile nature of the agreement has prevented a significant rally in equities. Market participants are concerned that any sudden escalation or breach of the terms could lead to immediate volatility, particularly within the energy sector. Traders are closely monitoring diplomatic developments, as the outcome of this truce will likely dictate the short-term trajectory of crude oil prices and broader market volatility. For now, the pre-market environment remains one of cautious observation.