US equity futures are indicating a mostly flat open as of 04:45 ET. This follows firmer levels in Asia, while European equity markets have opened mixed to higher. Markets are finding a reprieve from the pullback in bond yields after Fed policymakers said this week tighter financial conditions strengthen the case for proceeding cautiously on rates. More Fedspeak and FOMC minutes due today. The US is also discussing safe passage for civilians in Gaza with Israel and Egypt, ahead of a likely ground offensive by Israel.

Companies Mentioned: Exxon Mobil, Pioneer Natural Resources, Walgreens Boots Alliance, Blackstone, Walt Disney