US futures are indicating a sharply lower open today. European equity markets are also trading significantly lower, following deep losses in Asian markets. Market sentiment remains highly negative following last week's trade, as concerns about global growth intensified after soft US payrolls data and a rate hike from the BoJ triggered yen-driven volatility. Technology stocks are particularly under pressure due to negative AI-related takeaways from recent US earnings. Additionally, Middle East tensions, US election uncertainty, and negative seasonality are adding to the overall market gloom. In Asia, Japan's TOPIX index triggered a circuit breaker after a steep drop, down around 20% from its peak.

Companies Mentioned: NVIDIA, Alphabet, Carlyle Group, Quantum Capital Group