Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Meeting minutes released Wednesday showed that U.S. Fed officials expect interest rates to increase before year-end, but the meeting summary provided no indication of when specifically it would happen.
The U.S. Treasury selling $39 billion of 10-year notes in an auction knocked yields off their highs, while the S&P also pulled back from its record high on Wednesday.
South Korean tech giant Samsung posted a third-quarter preliminary operating profit that exceeded 100 trillion won for the first time in its history, while Lululemon poached Athleta CEO Maggie Gauger.
Traders are bracing themselves for another hike from the U.S. Federal Reserve this year, after meeting minutes released Wednesday showed that Fed officials expect to increase interest rates before the end of the year in order to fend off inflation that has run above target for more than five years.