US futures are pointing to a higher open today, extending Friday's gains. European equity markets have opened in the positive territory, following solid sessions in Asian markets. Softer than expected US nonfarm payrolls and ISM services results boosted sentiment. Fed repricing also brought forward, with first rate cut expected in September instead of November. Some support also comes from US earnings. China back in spotlight as Xi meets Macron and Caixin services PMI remained buoyant.
Companies Mentioned: Paramount Global (NASDAQ:PARA), Sony Pictures Entertainment, Apollo, Comcast (NASDAQ:CMCSA), Boeing (NYSE:BA)