US futures are pointing to a higher open. European equity markets have opened positive after Friday's deep losses and following mixed levels in Asia. Some encouragement for broader sentiment coming from news that First Citizens BancShares has agreed to buy Silicon Valley Bank from FDIC, terms undisclosed. Market uncertainties remain high in the wake of banking sector turmoil, with latest concerns about credit default swaps in Europe, mainly focused on Deutsche Bank (ETR:DBKGn).
Companies Mentioned: First Citizens BancShares, SVB Financial Group, Deutsche Bank, Berkshire Grey, SoftBank, JetBlue Airways, Spirit Airlines