- US market futures fell on Wednesday as a result of slower-than-expected results forecasts from a number of large corporations and growing concerns that Berlin's approval of the re-export of German-made tanks will lead to a worsening of the Ukraine War.
- After a two-day surge in the underlying index came to an end on Tuesday when Microsoft issued a warning about sluggish revenue growth in its cloud computing sector, contracts for the Nasdaq 100 dropped more than 1%. Investors' trepidation as they wait for updates from companies like Tesla and IBM was heightened by earnings announcements from businesses like 3M and chipmaker Texas instruments.
- The euro fell versus the dollar for the first time in six sessions as a result of this worry. Even though the IFO institute survey in Germany revealed considerably fewer negative predictions in January, it declined, adding to other evidence that the eurozone would avoid recession.
