Citing a source briefed on the latest developments, Reuters reported on Tuesday that a Qatar-mediated agreement between Israel and Hamas was in its final stages.

According to the news outlet, the deal will include a multi-day pause in hostilities, the release of around 50 civilian hostages by Hamas and the release of Palestinian women and children from Israeli jails.

Market reaction

This headline doesn't seem to be having a significant impact on market mood. At the time of press, US stock index futures were down between 0.1% and 0.2%.