US futures are indicating a higher open. European equity markets have opened in the positive territory, following mostly higher levels in Asia. Risk appetite continues to benefit from stabilization in banking sector. Fed balance sheet re-expansion, policy pivot expectations are also supporting risk assets. Still, there are lingering concerns over hard-landing scenario. Alibaba (NYSE:BABA) news also brings bright spot for markets.
Companies Mentioned: Alibaba, Cardinal Health (NYSE:CAH), Medical Properties Trust, HMC Capital