- After the minutes of the Federal Reserve's most recent policy meeting revealed more clarity on the central bank's campaign to combat runaway inflation, markets showed indications of stabilizing on Wednesday.
- After posting its biggest two-session slump in over a month, S&P 500 futures crept higher, while Nasdaq 100 contracts advanced roughly 0.4%. 10 Treasury yields fell a smidgeon. A measure of the dollar's strength extended its winning streak to a sixth day, the longest in nearly ten months.
- The energy sector was down, bringing the UK's benchmark FTSE 100 lower, as oil producers took a knock from Shell's pullout from Russia. Despite a spike in oil and gas prices, Russia's invasion of Ukraine has upended the supermajors' plans and left them rushing to respond to unprecedented swings in energy markets, according to the statement from the London-based behemoth.
