US equity futures are indicating a lower open as of 05:00 ET. European equity markets are broadly firmer, following mostly higher Asian equities. Reverberations from Wednesday’s Fed policy statement have largely driven the risk-on move in global markets. However the expected contraction in US Q2 GDP tonight may also heighten recession expectations as the Treasury yield curve inversion deepens.
Companies Mentioned: JetBlue Airways, Spirit Airlines, Frontier Group Holdings, Twitter (NYSE:TWTR)