US equity futures are indicating a lower open as of 04:45 ET. A large number of markets closed for Labor Day holidays, but the ones that are open were lower in Asian and European trading. Attention on rates heightening ahead of the upcoming FOMC meeting. No policy change is expected but markets are awaiting further guidance from Powell following significant erosion in rate cut expectations priced in the market.

Companies mentioned: IBM, PG&E, KKR, Pfizer