- As dip buyers emerged to take advantage of the lowest levels in six weeks, u.s. equity futures rose alongside stocks, putting their faith in the ability of earnings to keep global equities afloat.
- The S&P 500 and NASDAQ 100 contracts both gained 1%, indicating improved sentiment. Europe's energy crisis, China's struggle to suppress commodity prices, and an aggressive Federal Reserve all conspired this week to drive major European and US indices to their lowest levels since mid-March.
- Microsoft gained in extended trading on the back of better-than-expected results. helped to improve sentiment following Tuesday's tech-fueled slump Corporate earnings in the United States are providing some solace, with nearly 80% of firms exceeding profit expectations.
- Russia will cut off gas to other buyers who don't pay in Rubles.
- Four European gas buyers already paid for supplies in Rubles.
- Russia's Gazprom: Halted gas supplies to Bulgaria and Poland until payments in Rouble are made.
- Authorities are investigating after blasts were heard in Belgorod, Russia - According to Regional Governor.
