US stock index futures slipped ~0.1% to 7,379.75 (S&P), 28,672.75 (Nasdaq 100), and 49,991 (Dow) after Wall Street hit record highs.
Optimism over a potential US‑Iran peace deal and a pause in Strait of Hormuz operations lifted oil prices, spurring risk‑asset rally.
Chipmaker AMD surged nearly 19% on strong Q1 earnings, driving the Philadelphia Semiconductor Index up 4.5% to a record.
Upcoming Q1 earnings from McDonald’s, Gilead, Airbnb, McKesson, Motorola Solutions and Howmet Aerospace, plus April non‑farm payrolls, could influence market direction.