US futures are indicating a higher open. European equity markets have opened in the positive territory, following mostly higher levels in Asia. No change in broader narrative as markets continue to benefit from banking sector stabilization and prospects for Fed pivot. Latest Fedspeak has leaned hawkish. Debate revolving around how much banking turmoil equates to in terms of effective rate hikes. Official worries policy tweaks could damage Fed’s credibility.
Companies Mentioned: Netflix (NASDAQ:NFLX), JD.com