US equity futures are indicating a lower open as of 05:00 ET. European equity markets are higher, aided by a retreat in gas prices after Norway's oil & gas strike ended. All Asian benchmarks were negative, as recession fears returned and the US dollar hit 19-year highs. China's reopening is under threat as several regions battle Covid outbreaks. UK PM Johnson's position is under threat after two senior ministers resigned late Tuesday.
Companies Mentioned: Amazon (NASDAQ:AMZN), Just Eat Takeaway, Walmart (NYSE:WMT)