MKOR is trading 3.1% down today, moving in line with a broad risk-off tone hitting global equities during pre-market hours.
- U.S. futures for the S&P 500, Nasdaq, and Dow are all weaker as tech-led selling and inflation-driven Fed worries weigh on investor sentiment.
- Industrial and cyclically exposed markets are under pressure following data from Asia and the UK signaling slowing economic activity, further contributing to the decline.