Apr 23 2024 4 mins
US equity futures are indicating a mostly flat open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Equity markets are benefiting from no further escalation in Middle Eastern tensions. Some thoughts are the recent sell-off is more technical than fundamental. There is also ongoing focus on the Fed outlook, with a reduction in rate cut expectations remaining a talking point.
Companies mentioned: JD Sports Fashion, Hibbett, Novartis, SAP