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Oil, Earnings Cap Wall Street Pre-bell; Asia, Europe on Holiday

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-- Wall Street futures wavered pre-bell Friday, as traders weighed a generally good earnings season against rising geopolitical tensions amid a still-closed Strait of Hormuz.

In the futures, the S&P 500 rose 0.1%, the Nasdaq declined 0.2% and the Dow Jones was up 0.2%.

West Texas Intermediate crude oil traded evenly at $105.07 per barrel.

Asian exchanges traded mostly higher overnight in holiday-thinned trading, while European bourses were also largely closed, but with London edging lower midday.

Estee Lauder (EL) traded up arond 11% pre-bell after the beauty empire reported fiscal Q3 EPS and revenue above outlooks, and issued upbeat guidance, in morning hours.

Exxon Mobil (XOM) traded up 0.5% pre-bell after the oil titan reported Q1 EPS and revenues above expectations, in pre-market release.

Chevron (CVX) gained 0.9% pre-bell after the integrated oil giant reported Q1 EPS above outlook, but missed on revenue, before the opening bell.

On the economic calendar is the S&P Global US manufacturing purchasing managers index (PMI) for April at 9:45 am ET, followed by the ISM Manufacturing Index for April at 10 am.

The weekly Baker Hughes domestic oil-and-gas rig count logs at 1 pm.

In pre-market action, Bitcoin traded at $77,386, and 10-year US Treasuries offered 4.38%. Spot gold commanded $4,581 an ounce.

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