US futures are pointing to a slightly lower open, and they lack positive momentum after Intel missed on sales and earnings. European equity markets have opened firmer after closing flat on Thursday. Asia ended the week on a mostly higher performance. Market sentiment remains positive with a soft-landing scenario priced in. Fed Fund futures indicate an almost 95% chance of a 25bp rate hike next Wednesday. China’s fast reopening and quick economic rebound from Covid is bolstering the market

Companies Mentioned: Intel, Google, LG Energy Solution, Tesla