Financial Market Preview - Friday 10-Nov

US futures are pointing to a higher open in recovery as of 04:05 ET. European equity markets have opened in the negative territory as they catch up with Wall Street's late selloff. Asian markets went lower. Markets in risk-off mode following Powell's comments on interest rates. With a hawkish spin, he said Fed will not hesitate to tighten again if needed, and expressed uncertainty whether policy was sufficiently restrictive, leading to dialing back of 2024 rate cut expectations. Companies Mentioned: Verizon Communications, Warner Bros, Netflix, Meta Platforms, Tencent