AppLovin faces heightened scrutiny from a regulatory investigation and an upcoming earnings report, leading to increased volatility and mixed investor sentiment affecting its stock performance.

Oil prices are higher this morning on a report the US and India are nearing a trade deal that could see the South Asian nation gradually reduce imports of Russian crude, which would boost demand for alternative supplies.

Judging by the Treasury market, the delayed September update on consumer inflation due on Friday will keep the Federal Reserve on track to cut interest rates again next week.

Gold is attempting to stabilize on Wednesday after a brutal selloff from record highs the previous day, finding some support as the US Dollar softens.