US futures are pointing to a slightly higher open but mostly hovering around the flatline as of 04:05 ET. European equities markets have had a weak open, following mostly lower levels in Asia. Hawkish Powell testimony continues to impact markets with 50bp rate hike in March now the market consensus, and analysts are dialing up peak rates forecasts. February payrolls due Friday and CPI due next Tuesday will go a long way in determining whether Fed steps up pace of tightening.
Companies Mentioned: WeWork, SoftBank, Silvergate Capital