US futures are indicating a very slightly higher, almost flat, open as of 04:05 ET. European equity markets have opened mixed to lower, following weakness in Asian markets. Weekend headlines dominated by geopolitical risks revolving around Israeli-Hamas war, with Potential for broader regional escalation remaining key focus. US National security adviser Sullivan said US held back-channel talks with Iran to warn against broader conflict. Focus also on Fed policy outlook. Recent Fedspeak more dovish. Some argue Treasury yield backup may make it less urgent for Fed to hike further.
Companies Mentioned: Disney, Sony, Zee Entertainment, Rite Aid, Ferrari (NYSE:RACE)