US equity futures are indicating a broadly flat open as of 05:00 ET. This follows broad strength in Asia, while European equity markets are firmer. Bond markets are rallying with the Treasury curve bull steepening. Chinese authorities are stepping up efforts to shore up investor confidence. China's economic growth forecasts continue to come down with the government's GDP growth target of ~5% considered increasingly in doubt absent aggressive stimulus.
Companies Mentioned: Catalent (NYSE:CTLT), Google (NASDAQ:GOOGL)