US stock futures pulled back on Thursday with progress toward US-Iran peace talks stalled, as investors assessed Tesla’s (TSLA) results in the wait for a fresh rush of earnings.

S&P 500 futures (ES=F) slid 0.4%, coming off another record-setting session for the broad benchmark. Contracts on the Dow Jones Industrial Average (YM=F) fell 0.6%, while those on the tech-heavy Nasdaq 100 (NQ=F) also dropped 0.3%.

Stocks fell as oil rose for a fourth day after Iran and the US failed to meet for further peace talks, despite President Trump’s indefinite extension of the current truce. The key Strait of Hormuz remains blocked as the two sides vie for control, pushing Brent crude futures (BZ=F) above $97 after briefly topping $100 a barrel. Meanwhile, West Texas Intermediate crude (CL=F) topped $93.