S&P 500 up 0.3% to 7,417.74, Nasdaq up 0.2% to 26,290.04, Dow near flat at 49,624.68.
Markets digest fresh US‑Iran diplomatic setback; Brent crude +2.6% to $103.88, WTI +2.4% to $97.70.
Traders await April CPI and PPI; one‑year inflation swaps at 3.25%, two‑year at 2.93% indicating underpriced risk.
Earnings focus on Alibaba, Cisco, Applied Materials; Lumentum added to Nasdaq‑100, jumping 18.4%.