US futures are pointing to a slightly higher open, rebounding on Apple’s upbeat iPhone sales. European equity markets have opened with gains, following mixed Asian levels. Fed data shows big drop in bank borrowing from emergency lending facilities in latest week. Near-term focus also on US April nonfarm payrolls, which are expected to show moderation in headline jobs growth and uptick in unemployment rate.
Companies Mentioned: Apple (NASDAQ:AAPL), Google (NASDAQ:GOOGL), Alibaba (NYSE:BABA)