US futures are pointing to a lower open versus the prior close as of 04:05 ET. European equity markets have opened positive, following strong performance in Asian markets. Focus today is US October nonfarm payrolls. Expectation is drop in headline employment growth, slight uptick in average hourly earnings and unchanged unemployment rate. Markets also look for potential policy implications, though there’s sense Fed has higher bar for another rate hike.

Companies Mentioned: Compass Diversified Holdings, Fox Factory Holding, Forum Energy Technologies