US futures are pointing to a lower open today. European equity markets have opened in the negative territory, following weaker levels in Asian markets. Nasdaq experienced largest one-day drop since December 2022. Sell-off is attributed to disappointing tech earnings takeaways. Yen continues to strengthen ahead of next week's BOJ meeting, rallying to its highest against US dollar since early May. Pick-up in Fed rate cut expectations also comes as the BOJ nears decision to hike again.
Companies Mentioned: Disney, Amazon (NASDAQ:AMZN), Comcast (NASDAQ:CMCSA), Warner Bros. Discovery, Edwards Lifesciences (NYSE:EW)