US equity futures are indicating a lower open as of 05:00 ET. Broad weakness in APAC on Monday with China markets underperforming. Concerns continue to grow over the extent of the economic slowdown in China. This as the Covid situation appears to be worsening, with several Beijing districts entering lockdown and Shanghai still struggling to contain infections. European markets also beginning the week mostly lower.
Companies mentioned: Twitter (NYSE:TWTR), Roche, Philips, Kuaishou Technology , Baidu, Xiaomi, Alibaba