US equities concluded the previous session with gains, though sentiment remained guarded given escalating bond yields and fluctuating crude oil prices. The Dow Jones Industrial Average advanced 0.9%. The technology-centric Nasdaq Composite and the S&P 500 both increased by 0.5%. West Texas Intermediate crude oil futures rose approximately 1.5% in Asian trading following the rejection of an Iranian proposal to reopen the Strait of Hormuz by US President Donald Trump, which is weighing on Dow futures.