US equity futures are indicating a higher open as of 05:00 ET. This follows mostly firmer levels in Asia, while European equity markets are higher. Risk appetite is benefiting from a drop in bond yields. The IMF has warned of the limited margin for error on policy. China is considering new stimulus and a higher budget deficit for 2023 in an attempt to meet its annual growth target of 5%. China President Xi is keen to thaw relations with the US, however geopolitical divisions are widening amid conflict in Israel.
Companies Mentioned: Truist Financial, PGT Innovations