US equity futures are indicating a lower open as of 05:00 ET. European equity markets are higher, while Asian markets were mixed overnight with mainland China markets lagging after the PBOC left benchmark lending rates unchanged. Netflix (NASDAQ:NFLX) shares slid 25% in after-hours trade yesterday following a shock decline in subscribers. Russia is stepping up action on the eastern front of Ukraine. Fedspeak continues to lean hawkish, but there is also some focus on recessionary risks.
Companies mentioned: Netflix, DSM, Avient, Meta