Stocks were mixed before the market open as the AI rally continued. Global uncertainty has impacted trading, but progress towards peace in the Middle East has eased some concerns. Oil prices fluctuated on news of a hostage release deal between Israel and Hamas.

Futures for the Dow Jones were steady after a lower close on Wednesday, while the S&P 500 and Nasdaq were flat or slightly down in premarket trading. Both indices hit record highs the day before.

Geopolitical tensions have influenced market sentiment, but news of progress in US-led talks to end the Gaza conflict could bring stability. President Trump announced a deal between Israel and Hamas for the release of all hostages and a partial withdrawal of Israeli troops from Gaza.

Read more at Barron’s: Markets Waver Amid Hope for Middle East Peace. S&P 500 Stalls After Record High.