US equity futures are indicating a lower open as of 04:45 ET. This follows lower markets in both Asia and Europe, following escalation in the Middle-East overnight with reports of Israeli strikes on facilities inside Iran. However, much remains unclear, including what was struck and the extent of damage. Markets continue to pare back Fed easing expectations with futures pricing in 1-2 cuts and the first now not anticipated until September. Companies mentioned: Paramount Global, Sony, Apollo Global Management, Meta, Apple, Google