Oil futures settled lower after U.S. officials said Iranian strikes didn’t mark the end of the cease-fire as the U.S. carries out an operation to help get vessels though the Strait of Hormuz.

S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are adding 0.3%. Nasdaq 100 futures are gaining 0.5%. Futures indicate a positive start to trading on Wall Street Tuesday, as a dip in oil prices help push Treasury yields lower.

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The Dow and S&P 500 are lower this morning amid mixed reports of a blocked U.S. warship in the Strait of Hormuz

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U.S. stock futures traded at record-high levels on Monday as investors eyed impressive earnings even as the Strait of Hormuz keeps oil prices high. Dow Jones Industrial Average futures fell 0.08%, to 49606.

Oil prices were mixed in early trade but may be buoyed by the prospect of a prolonged closure of Strait of Hormuz.

US equity futures edged higher on Tuesday morning as oil prices retreated from the prior session's sharp gains, offering some relief to markets rattled by the latest flare-up in the Persian Gulf. Iran launched missiles and drones at the UAE and attacked US naval vessels guiding commercial ships through the Strait of Hormuz on Monday,