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US futures are pointing to a higher open today. European equity markets have opened mixed, following mostly higher Asian markets. Trump's election and likelihood of GOP sweep triggering risk-on move in equity markets. Fed rate cut expectations for 2025 also eased. Trump's win encouraging expectations of larger stimulus in China who is seen tolerating some yuan depreciation in event of tariff hit.
Companies Mentioned: Avid Bioservices, Integral Ad Science Holding, KKR
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US futures are pointing to a higher open today. European equity markets have opened mixed, following mostly higher Asian markets. Trump's election and likelihood of GOP sweep triggering risk-on move in equity markets. Fed rate cut expectations for 2025 also eased. Trump's win encouraging expectations of larger stimulus in China who is seen tolerating some yuan depreciation in event of tariff hit.
Companies Mentioned: Avid Bioservices, Integral Ad Science Holding, KKR
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