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The local market is set to build on yesterday's gains with ASX futures up 0.4%.Investor sentiment wavered overnight amid mixed messages from both sides of the Middle East conflict, but most major indices finished in the green. Oil prices fell further which buoyed stocks on Wall Street with the Dow Jones Index closing at a record high. Walmart shares tumbled after the world's largest retailer forecast second-quarter profit below estimates as its consumers feel cost of living pressure with the company expecting higher retail price inflation over the remainder of the year. Shares of Nvidia fell as investors took profits after the world's most valuable company and AI leader's better than expected second-quarter revenue forecast and $80 billion share-repurchase program. US manufacturing activity expanded in May by the most in four years as customers strived to get ahead of mounting price pressures tied to the Iran war. Ahead locally, Bendigo and Adelaide Bank is set to report results.