US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened in the positive territory, following lower levels in Asia. Concerns continue to revolve around overly aggressive central banks committing a policy mistake as weakening macro data, emerging disinflation signs and cautious corporate commentary play into recession concerns. ECB board member Knot has said the bank has a longer way to go in raising interest rates than the Fed.
Companies Mentioned: Aerojet Rocketdyne, L3Harris Technologies, JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), Tesla (NASDAQ:TSLA)