S&P 500 futures gained 0.27%, Nasdaq 100 futures 0.4%, and Dow futures 126 points after Monday's sell-off tied to renewed Middle East tensions.
The Dow fell 557.37 points on Monday after the UAE said Iran launched drones and missiles against it, while US forces reportedly destroyed six Iranian boats near commercial shipping in the Strait of Hormuz.
Oil rose in regular trading before WTI crude futures slipped 1% after hours, as investors also awaited earnings from Pfizer and PayPal and US trade deficit and job openings data.
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What is the long-term damage to global supply chains from the Hormuz closure?
Why are markets dismissing a major conflict as a mere 'pop-up ad' amid recession warnings?