US equity futures are pointing modestly higher, with Asian markets mixed and European equities trading firmer. US equities finished mostly lower on Thursday while energy stocks outperformed as crude extended gains, supported by escalating Middle East tensions and reports the US could act within days if negotiations with Iran fail. President Trump signaled a potential deal or alternative action within a ten-day window, keeping geopolitical risk in focus. Economic data surprised to the upside in labor and manufacturing, though housing remained soft, reinforcing the broader resilient macro narrative. Fed commentary highlighted firming goods inflation and debate around the pace of rate cuts, while investors also digested a heavy earnings slate and ongoing rotation beneath the surface.

Companies Mentioned: Nvidia, OpenAI, Amazon, CSX Corp