[MARKET UPDATE] Equity and fixed income futures dip while oil futures and bond yields hit sessions highs; price action seemingly after Iran reiterated no talks will happen until attacks stop, with no delegation heading to Pakistan ahead of Saturday talks

The market reaction suggests concerns over geopolitical tensions are weighing on equities and fixed income futures, reflecting risk aversion as Iran's stance on negotiations has seemingly hardened. The rise in oil futures and bond yields indicates that investors may be seeking safe-haven assets amid fears of escalating conflict, which could also impact economic stability and growth expectations.