US futures are pointing to a flat open today. European equity markets are trading mixed, while Asian equities showed a similarly mixed performance. Market attention today remains on the aftermath of Tuesday’s major selloff, which lacked a clear catalyst but was attributed to several factors including softer macro data, systematic unwinds, and yen strength. Growth concerns are increasing, particularly following weaker-than-expected JOLTS job openings data and cautious takeaways from the Fed’s Beige Book.
Companies Mentioned: Nvidia (NASDAQ:NVDA), Nippon Steel, US Steel, Sandy Spring Bancorp