US equity futures are indicating a lower open as of 05:00 ET. European equity markets are lower, following mostly weaker levels in Asia. Early attention is on China Covid developments and its implications for the growth outlook as the outbreak continues to widen. Attention remains on central bank policy as Atlanta Fed's Bostic said on Saturday that he favors slowing the pace of rate hikes and sees 75-100 bps of additional tightening.
Companies Mentioned: Bristol Myers Squibb, UnitedHealth (NYSE:UNH), News Corp (NASDAQ:NWSA), Fox Corp