US futures are pointing to a lower open as of 04:05 ET. European equity markets have opened in the negative territory, following deep losses in the prior session and mostly weaker levels in Asia. Markets remain on the back foot with the latest weakness attributed to the recent macro developments. ECB hiked by 50bps as expected but hawkish comments led to a rise in peak rate projections.
Companies Mentioned: D.R. Horton, Avaya Holdings