S&P Futures are displaying positive action this morning after last week’s selling pressure was overdone. Markets will be focusing on Wednesday’s CPI data and Thursday PPI data releases. AAPL’s iPhone 16 to be released today. Boeing averted a potential union strike. DELL, PLTR & ERIE are being added to the S&P 500 on 9/23. AAL, ETSY & BIO are being removed. Congress embarks on what has been billed as “China Week,” a bipartisan bill targeting Chinese biotech companies. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are displaying gains and oil prices are positive by more than 0.75% in the pre-market.
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