US S&P 500 futures fell 0.1% to 7,398.93 after Trump called Iran’s response to US peace proposal “totally unacceptable”.
Intel surged nearly 14% to a record high after news of a preliminary chipmaking agreement with Apple, boosting the Nasdaq.
Upcoming April CPI data expected to reflect inflationary impact of Iran war, while April payrolls suggest Fed will keep rates unchanged.
Oil prices rose sharply after Trump's comments, highlighting heightened Middle East tensions and limited immediate de‑escalation.