US Stock Futures Steady as US Awaits Iran Reply, Earnings Unfold

US stock futures were flat on Thursday as the US waits for Iran to respond to its proposal to reopen the Strait of Hormuz and end the war. Investors continued to assess results from a stream of companies on a busy earnings day.

S&P 500 futures and Nasdaq 100 contracts were both little changed as of 7:43 a.m. in New York. West Texas Intermediate Crude Oil slipped around 3.5% to about $92.