Investors weigh recession risk amid Fed's interest rate plans and banking crisis warnings.

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Source: CNBC
Investors weigh recession risk amid Fed's interest rate plans and banking crisis warnings.
Photo: CNBC
TL;DR Summary

Stock futures rose slightly as investors weighed recession risk following the latest meeting minutes from the Federal Reserve. Delta Air Lines shares soared nearly 5% in the premarket after the airline forecast revenue growth and profits for the second quarter that topped analysts' estimates. Ether rose more than 4% to $1,992.46 as traders moved past surrounding uncertainty over the long-awaited Shanghai update. Deutsche Bank downgraded First Solar to hold from buy, noting the stock is expensive after rallying 38% year to date. Traders are digesting the latest reading of the consumer price index, but another inflation reading will be due Thursday morning: the producer price index.

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