[MARKET UPDATE] US equity futures open down (ES -63 points, NQ -297 points); T-Note futures -4 ticks; WTI futures +USD 0.07/bbl; Spot XAU +USD 4/oz

US equity futures open down (ES -63 points, NQ -297 points); T-Note futures -4 ticks; WTI futures +USD 0.07/bbl; Spot XAU +USD 4/oz.

U.S. equity futures are indicating a bearish bias, particularly in the tech-heavy NQ futures, which may reflect ongoing concerns around interest rates or macroeconomic stability. The modest rise in WTI and spot gold suggests a flight to safety as investors seek refuge in commodities amidst market unease, highlighting a potential risk-off sentiment. Pay attention to how this plays out through the trading day, as these movements could influence risk appetite across various asset classes.