A.M. Update

S&P futures are up +0.35% as Treasury yields have pulled back amid a further escalation in the war between Israel and Hamas. Additionally, better than expected earnings results from JPMorgan Chase (JPM), Wells Fargo (WFC), and UnitedHealth (UNH) are contributing to the better early tone. The 10-yr yield is down 11 basis points to 4.60%…