US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened in the positive territory, following firmer Asian markets. Markets continue to adjust to higher-for-longer Fed narrative, and futures continue to price in near 50-50 chance of another Fed rate hike by year end. With China going on Golden Week holiday, focus turns to level of economic activity over holiday with expectations high for domestic travel and spending.

Companies Mentioned: Microsoft, Apple, Google, Tesla