US futures are indicating a higher open. European equity markets have opened higher, following positive Asian trade. Markets are on track to snap a run of weekly losses that were driven in large part by hawkish central banks, the dollar rally and corresponding tightening of financial conditions, Europe's energy crunch, and tightening Covid restrictions in China. At the same time falling commodity prices continue to provide support for peak inflation narrative. Also tight labor markets and strong balance sheets are tempering recession concerns.
Companies Mentioned: Tesla (NASDAQ:TSLA), Revlon, Citigroup (NYSE:C), Atom Bank, Ross Acquisition Corp II