S&P futures are pointing to a lower open today, down (0.14%). Asian equities closed mixed for the day, while European equity markets are broadly lower in early trades. Chinese equities were slow to advance further following Tuesday's rally. The initial impact of China's stimulus measures is also diminishing in European markets, though the sentiment remains largely positive in the APAC region. Strategists note potential upside for market PE ratios, with sectors like high-dividend stocks, internet platforms, financials, and property developers expected to benefit. Economists are optimistic about the PBOC's easing measures but emphasize the need for additional fiscal support to stimulate private consumption.
Companies Mentioned: KKR, Lifeway Foods, SAP