US equity futures are indicating a softer open this morning, this comes after the S&P posted its fifth consecutive weekly gain. European markets are trading mixed, while Asian markets were similarly mixed. In today’s top stories, market attention is focused on potential stimulus measures from China. Over the weekend, China’s finance minister announced targeted fiscal policies aimed at supporting growth. These measures include raising the debt ceiling, using funds from special-purpose bonds, and stabilizing the property market through the acquisition of unsold homes. While the package lacks a headline figure and concrete consumption-boosting measures, banks like Goldman Sachs (NYSE:GS) have upgraded their growth forecasts for China, citing improved policy management.
Companies Mentioned: Eli Lilly (NYSE:LLY), Fuji Soft, KKR