US futures are indicating a higher open today, following Wednesday's sharply higher close where the S&P 500, Nasdaq and R2K all logged their best sessions in two months. European equity markets have opened in the positive territory, following a solid handover from the firmer Asian markets. Softer-than-feared US core inflation data served as basis for risk-on move in equities and sharp pullback in bond yields. Yet some believe the rally may be short-lived.
Companies mentioned: Apple (NASDAQ:AAPL), Goldman Sachs (NYSE:GS), KKR, Seven & i