US futures are pointing to a mostly flat open today. European equity markets have opened higher, following mixed trading in Asian markets. Sentiment is positive with strength in US big tech names supporting after Apple (NASDAQ:AAPL) rallied to record highs. The broader focus now squarely on the upcoming US CPI data and FOMC meeting. CPI gains are seen as slowing sequentially, with year-ago little changed at the headline level and the core measure edging lower.
Companies Mentioned: Paramount Global (NASDAQ:PARA)