US futures are pointing to a mostly flat open today. European equity markets have opened higher, following mixed trading in Asian markets. Focus on the ECB policy decision today, with the first rate cut in the cycle being anticipated. Attention is on comments related to policy outlook, with expectation the ECB will maintain a data-dependent approach and avoid signaling a further rate cut. Meanwhile, Fed rate cut expectations are supporting risk assets after the ADP (NASDAQ:ADP) private payrolls miss.
Companies Mentioned: Microsoft (NASDAQ:MSFT), OpenAI, Nvidia (NASDAQ:NVDA), Shein