US equity futures are indicating a lower open as of 04:45 ET. This follows mostly stronger Asian trading, and European equity markets are also higher. Attention is on the FOMC decision later today, with the Fed expected to stay on hold. Consensus expectations are Fed Chair Powell is unlikely to deviate too much from past comments and maintain a data-driven approach. China's Caixin PMI showed factory activity unexpectedly fell back into contraction last month.
Companies Mentioned: Paramount Global