US stock futures slipped ~0.1% as S&P 500, Nasdaq, and Dow hit record highs on optimism over a US‑Iran peace deal.
AMD shares surged nearly 19% after strong Q1 earnings, driving the Philadelphia Semiconductor Index up 4.5% to a new peak.
Oil prices dropped sharply on the same optimism, while other chipmakers contributed to a 2% rise in the Nasdaq Composite to 25,838.94.
Upcoming Q1 earnings from McDonald’s, Gilead, Airbnb, McKesson, Motorola Solutions and Howmet Aerospace, plus April non‑farm payrolls, could influence market direction.