On Friday, U.S. stock futures showed modest gains, with the S&P 500 futures rising by 0.07% and the Dow Jones up by 0.03%. This comes amid escalating tensions between the U.S. and Iran, which have raised concerns in the markets. U.S. crude oil prices surged by over 2%, reaching $96.8 a barrel, while gold prices dipped slightly by 0.08%. The situation escalated after the U.S. military engaged with Iranian forces in the Strait of Hormuz, casting doubt on a month-long ceasefire. Investors are also looking forward to the U.S. non-farm payrolls report, which is expected to show an increase of 62,000 jobs in April, following a rebound of 178,000 jobs in March. In the bond market, the yield on the 10-year Treasury rose to 4.38%, which may lead to higher rates for mortgages and loans, potentially slowing economic growth. Despite these uncertainties, strong corporate earnings have supported the stock market, indicating that stock prices generally follow corporate profit trends over time.