Financial Market Preview - Friday 24-Apr

US equity futures are slightly higher, Asian markets are mixed, while European equities are lower. Risk sentiment remains cautious amid ongoing volatility around US-Iran developments, with uncertainty over negotiations and continued tensions in the Strait of Hormuz supporting oil prices and weighing on equities. Despite the geopolitical backdrop, markets are also digesting mixed signals from earnings and positioning after the recent rally, alongside evidence of a still-resilient macro environment highlighted by stronger PMI data, even as concerns persist around market breadth and potential near-term volatility.Companies mentioned: Nike, Spirit Airlines, Organon & Co., Sun Pharmaceutical Industries