U.S. stock futures fell 0.4‑0.6% as Middle East tensions persisted despite a cease‑fire extension between the US and Iran.
Crude oil prices rose above $100 per barrel, driven by potential supply disruptions in the Strait of Hormuz.
Tesla reported a quarterly earnings beat but its shares fell 1.8% after‑hours as it announced >$25 bn spending on robotics and autonomous driving.
US March PMI slipped to 50.3, the weakest since September 2023, indicating slowing business activity amid price pressures.