US futures are pointing to a slightly higher open. European equity markets have opened mildly negative, following mixed levels in Asia. Downbeat macro prints fueling global growth concerns. US debt ceiling impasse another overhang with two sides still far apart ahead of early June X-date. Fed officials maintaining hawkish bias despite markets pricing in dovish pivot in 2023. Yield curves stay deeply inverted, driving hard-landing concerns despite strong labor markets.
Companies Mentioned: Blackstone (NYSE:BX), Baidu (NASDAQ:BIDU)