US futures are indicating a lower open as of 04:05 ET. European equity markets have opened in the negative territory, following lower levels in Asia. Markets remain skeptical about central bank hawkishness in the face of weakening growth and potential disinflation, while continuing to price in lower peak rate and dovish pivot by year-end. Trade war with the US is flaring up as Paris and Berlin accelerate response to Biden's IRA.
Companies Mentioned: Apple (NASDAQ:AAPL), Global Partners, Churchill Downs