Nasdaq-100 futures erased a 0.5% intraday gain.

Hong Kong semiconductor sector firmed in early trade; Lanqi Technology (06809.HK) rose over 5%, Tianshu Zhixin (09903.HK) rose over 3%, while Changguang Chenxin (03277.HK) and Huahong Hongli (01347.HK) were also higher.

On the 4th, Iranian Foreign Minister Araghchi told foreign envoys in Iran that Tehran combines "dignified diplomacy" with a firm defence of national security. He said Iran is ready to pursue a just solution via diplomacy, but warned that if military aggression recurs Tehran is prepared to deliver a heavier retaliatory response, adding that illegal war and new sanctions cannot resolve the crisis and that only negotiations based on dignity, justice and fairness can end the conflict.