US Futures are indicating a lower open. European equity markets have opened lower, following a broadly weaker performance in Asia. Markets are digesting the lack of any pivot to more dovish settings at Jackson Hole, and on the contrary, Fed Chair Powell and ECB policymakers acknowledged tightening will hurt households and businesses but that a larger sacrifice will be needed to tame inflation.
Companies Mentioned: Walmart (NYSE:WMT), Massmart Holdings, Netflix (NASDAQ:NFLX), Morgan Stanley (NYSE:MS)