US futures are pointing to a lower open. European equity markets have opened with losses, following mostly negative performance in Asia. No major catalysts for market today. Focus remains on looming risk events. FOMC still in spotlight with Fed on track for another 25bp hike at May meeting. ECB officials also push for more tightening, with 50bp hike still on table next week.
Companies Mentioned: Alibaba (NYSE:BABA), Netflix (NASDAQ:NFLX)