S&P Futures are displaying negative action ahead of the opening bell. The focus this morning will be on the ISM Manufacturing report due out after the opening bell. This afternoon ZS, GTLB, HQY & PD will be releasing earnings reports. Tomorrow morning, DLTR, DKS & CIEN are scheduled to report. Shares of Boeing are under pressure this morning due to a downgrade from a major broker. Democratic presidential nominee Kamala Harris on Monday opposed the sale of US Steel to Japan’s Nippon Steel. China launches probe into Candian imports and Beijing has also threatened Japan with severe economic retaliation if Japan further restricts sales and servicing of chipmaking equipment to Chinese firms. In Europe, the major three indexes are lower. Oil weakness continues with crude oil trading lower this morning by more than -1.5%.

S&P Futures are slightly higher this morning as the markets react to the earnings results from NVDA. Nivida is still performing very well, concerns of the blackwell chip being delayed was refuted. CRM, CRWD, HPW, VEEV, PSTG & FIVE delivered positive results. After the bell today, DELL, MRVL, ADSK, LULU & ULTA are scheduled to report. Jobless Claims will be the key economic report today. Markets are anticipating soft inflation data from tomorrow PCE report, Media outlets talk up the possibility of 4, 25 basis point rate cuts by the end of the year to help their ratings but there’s no data to support this belief. In Europe, markets are higher and reacting to bullish inflation data from Spain & Germany and oil is edging higher.

S&P Futures are slightly lower this morning as markets await a new catalyst to drive momentum. Earnings after the bell include JWN, BOX, PVH & S. Tomorrow morning KSS, FL, BBWI, ANF CHWY and SJM are set to report. NVDA is the key earnings report for the week, and they are releasing tomorrow afternoon. JD.com announces a 5B buyback. Artal Intl files to sell 6m shares of CAVA. LLY announces a lower cost for its weight loss drug Zepbound. Canada to impose 100% tariffs on Chinese EV’s. National Security advisor Jack Sullivan is in China for 3 days of talks. In Europe, markets are higher due to reduced geopolitical tensions and positive earnings reports. Oil prices are lower and giving back some of yesterday’s big gains, API stockpile estimates due out after the bell.

S&P Futures are indicating a higher opening this morning. Oil prices are in focus as tensions rise in the Middle East over the weekend. In the week ahead, NVDA, CRM CRWD, ULTA, LULU MRVL, DELL and others are schedule to report. GDP & PCE data will be the key economic releases this week. National Security Advisor Jake Sullivan will be in China this week, China set to bring up issues on Taiwan and tariffs. In Europe, markets are mixed to higher and oil prices gain more than 2% on Middle East tensions and production issue out of Libya.

S&P Futures are pushing higher this morning due to a host of recent earnings releases. TOL & KEYS delivered earnings beats last night and TGT & ADI are higher after eps beats. After the bell today SNOW, A, ZM & URBN will be releasing and tomorrow morning NTES, BIDU, BJ & AAP are scheduled to report. After the close, Walmart indicated that it will be selling its 3.6B stake in JD.com. Later this morning the BLS will be announcing its labor market revisions. Fed Meeting Minutes are set to be released this afternoon. In Europe, markets are slightly higher. Oil prices are displaying an uneasy gain ahead of this morning’s stockpile report.