US futures are indicating a lower open as of 05:00 ET. Europe's leading equity indices are mixed, following mostly weaker levels in Asia. The macro focus overnight was on China factory gate inflation, which hit a record high in October amid the energy crunch while CPI inflation climbed to its highest level since Sep-2020. US CPI and jobless claims are due later today. The Biden-Xi summit is set for next week but details are limited. Companies mentioned: DoorDash (NYSE:DASH), Rivian, Apple (NASDAQ:AAPL)
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