US equity futures are indicating a lower open as of 04:45 ET. This follows lower markets in Asia, whilst European equity markets are mixed. The market is consolidating recent gains ahead of key macro updates later this week, which include the US PCE inflation data on Thursday and Eurozone CPI on Friday. More talk of stretched positioning as a near-term overhang, along with focus on narrow leadership.
Companies Mentioned: Apple (NASDAQ:AAPL), Mitsubishi, Yum Brands