- Traders weighed federal reserve minutes that struck a less hawkish tone with downbeat remarks on China's economy by Premier Li Keqiang on Thursday, as equity futures were mixed and bonds gained.
- Contracts on the Nasdaq 100 and S&P 500 shifted in response to mixed corporate news. In premarket trading, Nvidia Corp. fell more than 5% as China's COVID-19 lockdowns and the Ukrainian war weighed on the chipmaker's sales forecast. Apple Inc. fell after it was revealed that the tech giant plans to keep iPhone production roughly flat in 2022. Twitter Inc. increased after billionaire Elon Musk changed the financing for his bid to buy the social-media platform.
- The Stoxx Europe 600 index rose slightly. Energy stocks performed well as oil rose amid data showing a further decrease in US crude and gasoline stockpiles ahead of the summer driving season. Mining stocks fell along with iron ore and most base metals, while technology stocks performed poorly.
- Treasury yields and the US dollar fell. Fed policymakers indicated that their aggressive set of moves could allow them to shift gears later if necessary.
- UK's Finance Minister Sunak is to announce £600 payments for 8.4 mln households - Times.
- Morgan Stanley cuts China 2022 growth forecast to 3.2% from 4.2%.
- Russia's Novak expects 2022 oil output to fall to 480-500 mln tonnes from 524 mln tonnes in 2021 - RIA
