CHPS is trading at $87.61, down 2.97%, as renewed Iran tensions following rejection of a Strait of Hormuz proposal lifted oil prices and weakened risk sentiment.
- Nasdaq futures fell 0.88%, while the 10-year Treasury yield near 5.19% adds pressure to growth and technology shares.
- The overnight backdrop is broadly risk-off, with no major U.S. economic release scheduled before the Dallas Fed index later today.