The S&P 500 futures currently trade 26 points below fair value.
Klarna Group (KLAR 34.85, -0.03, -0.01%) beat revenue expectations and guided Q4 revenues above consensus in the company's first earnings release since its IPO in September.
Apple (AAPL 268.40, +0.94, +0.4%) is one of the few mega-cap tech names to trade higher this morning. Reuters reported that the company had 25% of China's smartphone market last month.