- US equity futures rose after solid earnings from Alphabet and Microsoft following the Wall Street close provided some relief to investors amid ongoing concerns about the economy's health.
- Futures on the S&P 500 rose around 0.4% after the index plunged the most in a month on Tuesday, led in part by a 49% drop in First Republic Bank. Futures for the Nasdaq 100 were up more than 1%. Alphabet, and Microsoft all climbed in premarket trade after a strong start to the Big Tech earnings season, with Meta scheduled to report after the bell today.
- In Europe, the regional stock index fell after profits fell short of expectations.
- Treasuries were little changed after the benchmark 10-year yield dropped 9 basis points and the policy-sensitive two-year yield plummeted 13 basis points on Tuesday. The value of a dollar index fell. Bonds in Europe rose, with Sweden's 10-Yr yield dropping by 7 basis points following a much-anticipated Riksbank rate hike.
