US futures are pointing to a higher open. European equity markets have opened in the positive territory, following mixed to higher levels in Asia. Signs of progress in US debt ceiling impasse as President Biden, House speaker McCarthy and congressional leaders plan to meet Tuesday. Markets still pricing in dovish turn with support from falling core services inflation, while tight labor markets continue to underpin soft-landing expectations.
Companies Mentioned: Microsoft (NASDAQ:MSFT), Activision Blizzard (NASDAQ:ATVI), Shake Shack (NYSE:SHAK)