US futures are pointing to a lower open as of 04:05 ET. European equity markets are down in early trades, following mixed Asian markets. Risk appetite is slightly softer after the hawkish-leaning Fedspeak continued to highlight higher-for-longer rate stance. Fed non-voting members expect rates to top 5%. In the near term, possibility of a 25bps hike in February is currently priced in.
Companies Mentioned: Microsoft (NASDAQ:MSFT), Vale, CVS Health (NYSE:CVS), Oak Street Health, Johnson & Johnson (NYSE:JNJ)