$TSLA +2.7% to $745 pre-mkt following UBS upgrade to Buy and slightly better than expected May China production. Equities higher (SPX +0.3% NDX +0.4%) in front of likely ECB rate pivot (+25bp in July exp; 745am ET). 10yrTY 3.009% -1.3bp. CPI Friday (+0.7% E MoM, +0.5%E Core MoM).

— Gary Black (@garyblack00) June 9, 2022