US equity futures are slightly softer. Asia ended mostly higher, and European markets are softer. Big tech pullback remains in focus amid concerns about AI valuations, competition, and stretched technicals, though many still view the downturn as temporary given the buy-the-dip pattern and strong earnings support; Central bank attention is on Fed Chair Powell’s upcoming Jackson Hole speech, with markets debating whether he will strike a more dovish tone after July’s mixed labor data; BoE rate cut expectations fluctuated this week on hotter UK inflation. ECB’s Lagarde said a US-EU trade deal remains in line with baseline forecasts, reinforcing expectations of unchanged policy in September; Bond yield backup a theme across Japan and China, with superlong yields hitting multi-decade highs amid weak auction demand and renewed fiscal concerns.

Companies Mentioned: Meta, Nvidia, Weatherford International