US equity futures are indicating a slightly higher open as of 04:45 ET. This follows Asian markets closing higher, while European equity markets are also trading up. Market attention now squarely on the US CPI which has been broadly cited for restraining risk appetite this week. Markets are still pricing in 140 basis points of rate cuts in 2024, compared with the Fed's projection of 75 bps of cuts.
Companies Mentioned: Paramount, OpenAI, Fox, Warner Brothers Discovery, Netflix (NASDAQ:NFLX)