Traders weighed the latest events in the Middle East and braced for a slew of corporate earnings reports due out later in the week.

U.S. Central Command said that American forces had begun launching further strikes against Iran to thwart their ability “to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.

Nasdaq futures edged lower on Friday, dragged by a decline in chip stocks, ahead of the U.S. listing of SK Hynix later in the day.

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US equity futures advanced, bouncing after Wednesday’s late selloff in tech shares, while a swift end to renewed American strikes on Iran kept oil prices in check.

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U.S. President Donald Trump told reporters on board Air Force One that Iran “badly” wants to make a deal after America had “just hit [Iran] very hard.”