S&P Futures are positive this morning and are likely to remain in a holding pattern until this afternoon Fed Announcement. The size of the cute, the Dot Plot & Powell’s Press Conference will be in focus today. Additional monetary policy meeting this will include Thursdays BOE meeting and Friday’s BOJ meeting. The Biden administration is moving forward with its tariff plans on shipments valued under $800. CRWD is holding an investor briefing today at 2:00 pm. JP Morgan has entered into talks with AAPL over its credit card business. In Europe, markets are in the red this morning with weakness in healthcare, tech & luxury stocks, Oil prices have turned lower as stockpile estimates came in with a build.

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S&P Futures are displaying a strong move to the upside this morning as expectations increase to 0.68% for a 50-basis point rate cut from the Fed Reserve tomorrow. August Retail Sales report is due out before the bell today. INTC is leading the DJIA higher after announcing a deal to provide custom chips to AMZN web services. MSFT is gaining as their board announced a $60B share buyback. A U.S. trade delegation is in route to China for talks over the recent wave of Chinese imports. Tomorrows Fed announcement is the key, pending catalyst event. After the Wednesday announcement, the focus will turn to the spending bill that is being held up in Congress. In Europe, markets are displaying gains with positive action in autos, basic resources and luxury stocks, Oil prices have turned lower with demand in focus.

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S&P Futures are slightly lower this morning. Big week ahead for Central Bank meetings from the FOMC, BOE & the BOJ. Markets are expecting a dovish narrative from the Fed on Wednesday. CRM’s Dreamforce conference starts tomorrow. MSFT is expected to speak today at 11:00 on a Copilot announcement. A Federal appeal court will consider whether the U.S. government has the rights to force TikTok to sever ties with China. In Europe, markets are displaying muted losses, healthcare and luxury stocks are positive. and oil prices higher but off the morning highs. China demand remains underwhelming.

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S&P Futures are higher this morning. The economic calendar is light. On the earnings front, ADBE delivered guidance that was light as compared to street expectations. RH delivered a beat on higher revenue. Share of Boeing are falling as union works initiated a strike which is halting 737 Max production. Sentiment remains positive ahead of next week’s FOMC meeting. In Europe, markets are displaying gains, and oil prices continue to push higher as oil traders assess the damage created by Hurricane Francine.

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16 hours ago

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S&P Futures are lower this morning as markets prepare for the release of the latest inflation figures. Harris Trump debate was the key news event overnight; however, the election is still a long way off. The Fed’s Michael Barr introduced new bank capital requirements yesterday which is positive for Bank. Nippon Steel executive is said to have flown into Washington DC in an effort to save its takeover deal with U.S. Steel. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are slightly higher, and oil prices are recouping some of yesterday’s losses.

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S&P Futures are flat to lower this morning as the earnings and economic calendars are light today. ORCL delivered a positive earnings report last night plus they announced deals with cloud providers. EU regulators uphold fines to AAPL & GOOG. Congress passed legislation to cut off U.S. government funding for Chinese biotech companies deemed national security risks. AAPL’s iPhone release came in as expected. Trade tensions with China remain a concern as exports grew while imports fell.
On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are slightly lower, and oil prices are giving back yesterday’s gains as China consumption remains cautious.

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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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8 hours ago

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S&P Futures are slightly positive as markets await this morning’s employment data. On the earnings front, Broadcom will be releasing earnings after the bell today. Verizon reaffirms its 2024 guidance after announcing a $20B deal to take over Frontier Comm. JNJ appears to have settled the talc lawsuit by raising settlement offer by$1B. Jeep’s parent Stellantis paused production of two of its top-selling U.S. models, as the company grapples with high inventory levels. In Europe, trading is mixed to lower. Oil prices are gaining this morning on the back of data for the American Petroleum Institute indicating a draw in stockpiles last night.

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