US equity futures are indicating a higher open as of 05:00 ET. This follows mixed Asian trade, while European equity markets are higher. China's CPI has dipped into deflation territory for the first time since early 2021. The offshore yuan is rebounding amid reports China state banks were seen selling dollars. The US is set to limit the scope of its China investment ban.

Companies Mentioned: Penn Entertainment, Walt Disney, Ford Motor, General Motors, Stellantis