US equity futures are indicating a broadly flat open as of 05:00 ET. European equity markets are lower, following a mostly weaker performance in Asia, with Greater China markets logging the heaviest losses. The Fed's Kashkari reiterated that monetary policy needs to be tightened to bring inflation under control. The latest China policy support measures have failed to gain meaningful traction.
Companies Mentioned: Bed Bath & Beyond (NASDAQ:BBBY), Pfizer (NYSE:PFE), Johnson & Johnson (NYSE:JNJ), Global Blood Therapeutics