Hong Kong's observatory issued a 'black rain' warning, which sees the pre-opening session cancelled and morning trade likely to be limited.
CNBC Pro: Barclays says electrification is a ‘mega theme’ and names the global stocks to buy
"At the center of the electrification mega theme, which encompasses EVs, renewables, energy storage, smart buildings, heat pumps, and more, is an aging electric grid that is key to ensuring a clean, reliable, affordable, and equitable energy transition." In a CNBC interview, the the current dean of the Mitchell E. Daniels Jr. School of Business at Purdue University raised the prospect of more policy tightening as core inflation is stuck around 4%.
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