Dow futures slipped 292 points (‑0.6%), S&P 500 futures 40 points (‑0.6%) and Nasdaq 100 futures 138 points (‑0.5%).
Oil prices surged, Brent up 5.1% to $95.02 per barrel and WTI up 6.1% to $87.64 per barrel.
Tensions rose after Trump said U.S. seized an Iranian‑flagged ship and threatened to destroy Iranian power plants, prompting Iranian retaliation threats.
Upcoming earnings from Cleveland‑Cliffs, American Express, Intel, UnitedHealth, RTX and Tesla, plus April U.S. business activity data, could influence market direction.